Forbes Finance Council | 11 Finance Experts Predict Big Changes Coming To The Banking Industry
Traditional financial institutions now operate side-by-side with a new crop of online financial services providers, and the Covid-19 pandemic has only increased the pressure on banks to expand digital offerings.
January 14, 2021 • 40 second read
From fintech to DeFi, the once static banking industry is facing a wave of changes. Traditional financial institutions now operate side-by-side with a new crop of online financial services providers, and the Covid-19 pandemic has only increased the pressure on banks to expand digital offerings.
The rise of technology, in turn, is likely to bring about changes to procedures and regulations across the financial sector. Below 11 members of Forbes Finance Council share the ways they see the banking industry evolving over the next five years.
Read the full article here, including comments from council member Chris Konrad, Sr. Director Security, Global Accounts, WWT.