The Banking and Financial Services industry is witnessing a rapidly changing landscape, the rise of fintech companies being the catalyst. Traditional banking products, services, and channels are losing relevance as customers, increasingly influenced by technological advancements in other spheres and social media, have started demanding better customer experience and convergence in financial services.
Changing regulatory environment and macroeconomic indicators have also contributed to make this a never-before opportunity for banks and financial institutions to embrace and leverage digitization. Partnership with fintech companies can help banks and financial services organizations harness digital technologies, advanced analytics, and personalization for cutting-edge solutions that improve customer experience.
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