Banks are often seen as benchmarks for other industries because of their high levels of regulation and compliance burdens as central pillars of our economic systems. However – they aren’t necesarily always ahead. In fact, when it comes to technological uptake, banks are notoriously slow. This article explores the critical need for digital transformation in the banking sector and how financial services providers can learn from success stories in other sectors and leverage on those for their own growth. Interesting read for anyone in finance but especially so if you look closely at core banking or innovation within your day to day.
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