The digital transformation in banking

Banking has evolved immensely over the past few decades. Most notably, customers no longer have to visit a bank in person to deposit a check or open an account, which makes banking more accessible to anyone who wants to use all of the valuable services these important financial institutions can offer. Many of the changes in banking that have already occurred have been able to take place because of digital transformation, a broad term that alludes to the shift of services and operations being done digitally or over the internet.

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