This article is part of The Banker’s Special Report, Digital transformation across European banking groups, in association with Backbase. Published in thebanker.com
Once considered to be trailblazers in the adoption of advanced technologies, banks are now more often identified as laggards, particularly in terms of wholesale digital transformation. Most banks are still in the early stages of adopting technologies such as distributed ledger, machine learning, artificial intelligence and cloud computing that have transformed other industries.
For further reading visit: https://www.thebanker.com/World/European-banks-grapple-with-digital-transformation