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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. Geopolitical and economic uncertainty increases business risks while consumer expectations continue to climb.
Businesses can be the first to serve untapped markets rather than depending on tried-and-true but low-return customer acquisition strategies. Application Categories in Financial Technology Mobile Banking Apps These apps integrate with banking systems to give their users real-time information safely and intuitively.
I wrote about this some years ago, but standing next to me in the queue for a flight out of Dallas were a couple of logistics consultants lamenting the fact that a client had taken a tech consultancy’s advice and prioritized flexibility over volume in their distribution strategy.
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