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Banks are facing new pressures to achieve efficiency, while facing shifting customer preferences, competition, and technological innovation.
Article written on March 10
Banking is set to change in the coming decade, and it is up to institutions to choose a path in transforming their operations. Challenged by fintech and lean business models, banks still have a runway to adopt more efficient processes, while not sacrificing the wealth of products or user experience. Posed before a transformation, the banking sector can envision a pathway to increase sustainability and operating efficiency.
Banking Faces the Challenge of Technological Overhaul
The banking sector reached a point where adopting...
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