How Is Digital Transformation Accelerating The Banking Industry?
The banking industry is undergoing massive disruption and digital transformation with the implementation of high-end technologies in the era of digitalization. According to banking industry expert this industry is driven by consumeru2019s demand for new products, customized services, and reduced costs services. Banking Industry comprises of a network of financial institutions who are licensed to deliver banking services. Its functions are related to account opening, insurance, wealth management, fund transfer, loans, digital banking, and credit cards.
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