Digital transformation of banks: A long road to big rewards
Digital transformation is an intense and ongoing journey. It is a continuum of change across several dimensions. It is a virtuous cycle. As the banks navigate their 2.0 and 3.0 journeys, Digital 4.0 is slowly unfolding with DeFi, or decentralised finance, digital currencies, AI at scale, and ubiquitous IoT powered by 5G. In this era of ever-accelerating change, the only sustainable strategy is to evolve across the five dimensions continuously