Part 8/10:
With these five areas—lending, payments, payment processing, stock trading, and wealth management—undergoing significant disruptions, investors should take note of several key insights:
Cost Structures are Changing: As services head toward zero-cost structures, traditional revenue models are at risk, compelling banks to find innovative solutions to stay competitive.
Evolving Consumer Preferences: Technologies that prioritize convenience and cost efficiency are fundamentally altering consumer behavior, necessitating that banks and financial institutions adapt rapidly.