22min chapter

Banking Transformed with Jim Marous cover image

Banking 2025: Digital Revolution Meets Economic Reality

Banking Transformed with Jim Marous

CHAPTER

Embracing Digital Change in Banking

This chapter examines the transformative shifts in the retail banking sector, particularly the move towards digital banking and embedded finance. It discusses the challenges traditional banks face in adapting to these changes while highlighting the importance of collaborations with fintechs to enhance customer experiences. Additionally, the chapter addresses the impact of global economic and geopolitical factors on the banking landscape and the necessity for banks to innovate and stay relevant.

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