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What is Banks Must Embrace Technology Now about?

This document discusses two main challenges facing Sri Lankan banks: blockchain technology and artificial intelligence. It describes how blockchain could replace the current international money transfer system and help banks eliminate costly mediators. It also explains that artificial intelligence allows machines to do routine jobs like analyzing contracts more efficiently, freeing up bankers to perform more complex work. The document advocates that banks must embrace these new technologies to remain compet

Author

Thavam

Language

EN