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Merging the strengths of 'fin' and 'tech' to launch a renaissance

Friday, November 18, 2016 - 05:50

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DBS Bank CEO Piyush Gupta has warned that banks are on "a burning platform" unless they transform themselves digitally to meet the challenges being posed by fintech firms.

THERE has been an ongoing narrative around the concern that banks are facing heightened competition from financial technology (fintech) firms. This year alone saw a number of headlines warning that the banking system is ripe for disruption amid the advance of their fintech rivals.

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