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The financial sector in Europe is undergoing a profound transition. The war in Ukraine, high inflation and the threat of recession have put pressure on the profitability of players. The figures speak for themselves: over 52 percent of the banks and wealth managers surveyed stated that they intend to tackle full-spectrum digitisation projects within the next two years in order to remain competitive. While more than 40 percent are already working on innovative concepts for their customer experience.
This is the finding of the recent study “Unlocking opportunity in challenging times: innovation in European Financial Services” commissioned by Objectway - global...
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