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The Rise of Digital Banking and Fintechs: Branch Tomorrow

Breaking Banks

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The Digital Banking Revolution in China

This chapter examines the transformation of banking in China, focusing on the shift from traditional branches to digital models that serve both urban and rural communities. It contrasts the experiences of younger generations who favor digital services with the continued reliance of older demographics on physical branches. The discussion also highlights the unique approaches to identity verification and how banks are adapting to digital trends and customer interactions in a rapidly evolving financial landscape.

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