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What is Omnification in Digital Banking about?

The document discusses how financial institutions can become digital banks by efficiently adapting to consumer and technology changes. It provides 3 key points: 1) Branches are expensive while online and mobile banking are growing rapidly, so banks need a mix of physical and digital channels. 2) Becoming a digital bank requires transforming both technology and business models, such as using analytics, cloud computing, and offering new services like personal financial management. 3) A digital transforma

Author

goranks

Language

EN