Are digital banks outpacing smaller financial institutions?
In our modern, digital world, the financial landscape is evolving—and fast. Today’s money moves at the speed of the Internet, which means banking isn’t what it used to be.
As change sweeps through the banking sector, traditional banks—especially smaller financial institutions like community and regional banks—must understand why embracing the technology that’s reshaping the industry isn’t simply an option, it’s a necessity.
In this blog post, we’ll explore compelling trends in digital banking and see why it’s crucial for all banks to keep up.
The digital banking revolution
While the definition of digital banking can vary, it’s essentially composed of two tech-forward concepts: online banking and mobile banking.
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