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About From The Traditional Banking System To The Customer-Centric Financial Ecosystem
Traditional banking now faces significant challenges due to changes in customer behavior and the emergence of new players. The constant connectivity provided by smartphones has shifted customer expectations towards digital banking services. Meanwhile, banks are constrained by regulations and legacy systems, slowing their ability to respond to these changes. Customers now feel more in control of their financial decisions and are frustrated by banks' lack of customization, long processes, and limited digital offerings. This customer dissatisfaction has opened opportunities for new players to disrupt banking through more flexible, digital-first approaches.
Detailed Information
Author: | ['ali baghdadi'] |
---|---|
Publication Year: | 2019 |
Pages: | 27 |
Language: | English |
Format: | |
Price: | FREE |
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