BANKING: Retail profits expected to continue sliding down, as digitisation takes priority

LessThunk comment: The big banks have been trying to push all their data into one big informational vault for something like 10 years..when will one of them succeed ? The follow-up applications and innovations for bank efficiencies (and customer benefits) are enormous. Regulation is still troubling banks, but it will drift down the priorities list, as one or two big-data breakthroughs are made and capitalised upon..


Categorised as: banking

Posted by: Phaedrus

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