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Fintech Reloaded - Traditional Banks as Digital Ecosystems

Deutsche Bank released "Fintech Reloaded," a research paper outlining the opportunity and challenges for banks to transform themselves into digital platform-based ecosystems

With their current digital strategies the banks will not achieve the resounding success that will enable them to hold their own in the medium to long term. Not only certain business models, distribution and communication channels, products, services and processes, but especially the ways data are handled need to be rethought and redesigned.

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banking