Recent analysis from Citi points to a massive gap in traditional financial institutions’ (FIs) digital migrations: According to the bank, while FinTech investments hit $19 billion in 2015 (with about 70 percent of that focused on consumer and small business banking), only 1 percent of...
The Boston Consulting Group (BCG) has released a new report that suggests corporate bankers may be able to halt shrinking profits through digital transformation. Reports in Business Chief on Monday (March 19) said the BCG’s latest survey of more than 200 financial institutions (FIs) that service...
