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Navigating the Banking Tech Revolution
This chapter explores the challenges and opportunities within the current banking technology landscape, particularly in the U.S., as it faces competition from rapidly growing fintech companies. It discusses the need for traditional banks to innovate and adapt to new consumer preferences, especially among younger generations who are attracted to the convenience of fintech solutions. Additionally, the chapter examines the integration of AI and potential future developments in the banking sector, highlighting the capabilities that remain to be realized.