Based on the results of a recent Citi TTS Client Survey, we estimate the global banking sector 2028E profit pool could increase 9% or $170 billion from the adoption.
The tech adoption strategy of most incumbents involves adding it on top of existing products or using the new technology to improve productivity. Startups, by contrast, use new technology to unbundle what incumbents do.
This story is from the September 2024 edition of Banking Frontiers.
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This story is from the September 2024 edition of Banking Frontiers.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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