Tech Giants Entering the Market: Should Banks Fear Them?

Digital transformation and innovation in technology have had a strong impact on the supply of banking services to customers and the bank-to-customer relationship.

Banks need to prepare themselves for unprecedented challenges by adapting their strategies, to keep pace with new technologies and maintain a competitive edge in the long term.

Auriga is committed to research and innovation.

Here’s a an article about how tech giants, predominantly Google, Apple, Facebook and Amazon, are transforming the banking industry thanks to Open Banking and Open Finance.