How Technology Is Making Financial Services Modular ?

 Financial services are not an exception to how much innovation is transforming various economic sectors. This paradigm shift may alter the very nature of banking in addition to introducing novel services to the market. New categories of business models that take a very different approach to financial services are emerging as legacy banks struggle to digitize. This publication, aimed at financial service providers, policymakers, and regulators, shares CGAP's viewpoint on how financial services are changing through a business model lens. It focuses on the technological forces that are causing the transformation, how financial services are produced and consumed, what new business models are emerging, and how this is altering traditional retail banking.

 

Read more here :  https://www.latestly.com/agency-news/business-news-fintech-startups-are-the-new-unicorn-of-the-market-says-siddharth-mehta-5031718.html

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