Digital Transformation in Banking Whitepaper: Keeping Up with the FinTech Disrupters
The world’s biggest banks are pushing back against the industry-disrupting competition from online financial startups with billions of dollars of investments in digital technology, Bloomberg reports. Earlier this year, Spain’s Banco Santander SA announced plans to spend $22 billion over the next four years to stay competitive. In the U.S. J.P. Morgan Chase & Co….