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Today's sharing economy and the future of fintech

Traditional banks can benefit from fintech's rise by keeping abreast of changes and responding with agility

Published Tue, Oct 15, 2019 · 09:50 PM

A DECADE on from the advent of the sharing economy, the concept is undergoing a re-invention of sorts.

Today's sharing economy is also changing the global financial system, which is currently anchored by traditional banks but fast being disrupted by fintech players.

Observers say if traditional banks want to keep up with the surge of fintech players, they will have to refine their customers' digital experience.

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