Digital
transformation is making some real changes in the financial industry and
increased adoption rates by consumers.
Recently, the
renowned consulting firm McKinsey has stated that financial institutions must
respond to the fast-evolving landscape and address the digital transformation
accordingly – through integration of such digital services on their own
platforms or collaborating with Fintech start-ups to provide what the consumers
are demanding! Further, the consulting firm also stated that if these risks aren’t
taken care of at the latest, financial institutions might take a serious hit to
their balance sheets, similar to the 2008 global financial crisis.
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the article by clicking the link below;
-Mahmood
Adawy
-mahmood@candidate.ae
Date:
03/14/2018
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