Pandemic accelerated digital transformation in financial sector 06 May 2021 - 9:31 Dr. R Seetharaman, Chief Executive Officer, Doha Bank with other panellists during the webinar. Deepak John | The Peninsula Banks, Fintechs and consumers have been riding the digital transformation wave for a few years but with COVID-19 pandemic going digital is not just a choice, it has become a survival mechanism. The pandemic has accelerated the pace of digital transformation in financial sector, said experts during a webinar hosted by Doha Bank. In a webinar entitled ‘Digital Transformation and Changing Business Model’ an official said, 85 percent of all financial transactions in Doha Bank are now conducted through its digital channels by customers and 95 percent of money transfers are done through mobile and Internet banking services.