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Fintechs have shown the path of digital innovations across payments, lending, wealth, insurance etc. As their business model is almost 100% focused on digital innovations (even if overall business may be pure digital or phy-gital), they are able to leverage the innovations to create top line as well as bottomline (may be bleeding initially).
Legacy institutions like Banks, NBFCs, Wealth firms, on the other hand, find it extremely difficult to correlate digital innovations with real business.
Why legacy businesses find it difficult to derive value from digital?
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Janine Grainger CEO at Easy Crypto
27 February
Nkahiseng Ralepeli VP of Product: Digital Assets at Absa Bank, CIB.
Sergiy Fitsak Managing Director, Fintech Expert at Softjourn
26 February
Alex Kreger Founder & CEO at UXDA
25 February
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