Too Long; Didn't Read
Digital banking is emerging as one of the fastest-growing segments in the world. The over $800 billion in revenue generated in 2018 is projected to grow at a CAGR of 10% over the next 5 years. But consumers are still most comfortable forming a relationship with an established bank. Decentralized ledger systems, automated regulation, and the use of biometric credentials are three major systems that financial institutions, large enterprises, and innovative startups can leverage to improve security and consumer confidence.