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In the fast-paced world of financial technology (fintech), real-time decisioning has become a cornerstone of innovation and success. Fintech apps are reshaping the financial landscape by offering users unprecedented convenience, speed, and personalization. Example: Imagine a user applying for a personal loan through a fintech app.
Banking customers now expect digital experiences on par with those delivered by leading e-commerce and technology companies, and emerging financial technology (fintech) companies are racing to provide these kinds of experiences. To achieve this, creating efficiencies will be key, and technological efficiencies are especially important.
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Decades ago, tech automated tasks that changed long standing business processes; management was fascinated as this made businesses more efficient. tis far more economically efficient for the waitstaff to push the red snapper when the branzino runs out. Another time, I was working with a manufacturer of very large equipment.
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