Too Long; Didn't Read
Digital transformation has long been in the news for its positive impact on customers and organizations. Digital mature companies can reap the following benefits: +9% more revenue, +26% more profitability, and +12% overall higher market value. Technology as a change agent helps banks re-imagine the entire process, people, and business models. Digital transformation is to streamline the banking infrastructure with the use of technology in order to reduce time-consuming processes and meet the evolving market needs and customer expectations.