Banks Have a New Secret Weapon: Design Studios

The rapid rise of FinTech startups seems to be throwing some shade on the banks basking in the sun. As payment technology evolves, FinTech startups are found to be more imaginative in making money-handling easier for consumers. On the other hand, banks are trying to adjust to this changing environment and the growing demand for customized services by leveraging the meaning of technology in consumers’ lives as it plays an increasingly important role in the rise of digital banking.

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