|More from: | NetworkWorld ||
The financial services industry is experiencing a period of dramatic change as a result of the growth in digitalization and its effect on customer behavior. In an emerging landscape made up of cryptocurrencies, frictionless trading, and consolidated marketplace lending, traditional banks have found themselves shaken by the introduction of new, disruptive, digitally-native and mobile-first brands.
With a reputation as being somewhat conservative and slow to innovate, many financial service providers are now modernizing and improving their systems, transforming their new business models and technologies in an effort to stay ahead of the more agile challengers snapping at their heels.
However, while this digital transformation brings significant opportunities, implementing these new technologies also presents challenges.
From bitcoin to compliance
About | NetworkWorld |
Network World provides deep domain expertise on the modern enterprise data center, including the latest networking, storage, servers, and virtualization technologies. Focused on the decisions faced by data center managers who must build out agile infrastructure and extend their networks to embrace the internet of things, Network World is an invaluable resource in helping enterprises meet strategic business goals.