The banking industry is undergoing a massive shift, driven by fintech disruption, AI, and changing customer expectations . Financial institutions that fail to adapt risk losing market share or becoming obsolete. Janis Urste , a leading banking and business consultant , specializes in helping banks navigate digital transformation while maintaining profitability and compliance. This article explores his strategies for modernizing banks, integrating technology, and future-proofing financial institutions . The Digital Imperative in Banking Traditional banks face unprecedented challenges: Competition from fintech startups (e.g., Stripe, Revolut, Chime) Demand for seamless digital experiences (mobile banking, AI chatbots) Cybersecurity threats and regulatory pressures Janis Urste’s approach ensures banks don’t just survive—but lead in this new era. Janis Urste’s 5-Step Framework for Digital Banking Success 1. AI & Automation for Smarter Banking Urste advises b...
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