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Technology and new finance firms will test banking industry

Technology and new finance firms will test banking industry

March 14, 2016

Financial services technology has overtaken regulatory tightening as the most pressing trend in the banking industry, and could be fatal for banks that make the wrong decisions.

Fintech, as it is known, will put bank IT departments to the test as they try to stay relevant in a rapidly changing sector, according to Temenos-sponsored research from the Economist Intelligence Unit (EIU).

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