PwC calls for financial transformation

Read this article in IOL "PwC calls for financial transformation"

Here is an extract: "PwC identified three trends developing the market that could impact the banking landscape and profitability of the big four banks. These included the emergence of digital solutions with lower-cost models launched by adjacent financial services players; the emergence of sector and industry-specific banks, closely integrated with broader supply chains, launched by non-financial services players; and the ongoing transformation of the big four banks to address changing customer, regulatory and technology needs."

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