Post Covid- it is not just about winning the digital game alone. All sectors including the BFSI have to re-imagine and reform quickly to navigate through a whole new world.
Well! Needless to say this sector has shown the greatest early signs already, though there is a lot that unfolds and demands an adoption in no time.
Banks have reported a record spike in mobile app adoption throughout the Covid period. However, the IR demands more extensive leverage of the technologies – that ultimately take performance and customer experience to the next level of excellence.
Crypto banking systems can prove to be a prominent example here. Overall, we could call it a win for the banking and finance sector in Industry 4.0 if they reflect –
● Accelerated and simplified transaction processes
● Minimal involvement of human engineering
● Remarkably reduced operational costs
● Optimized and hence reduced costs to customers
● Zero fund leakages
● 100% transparency to customers
What stage of grounding are we?
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