Why banks must rethink the money lifecycle
Summary by Retail Banker International
1 Articles
1 Articles
Why banks must rethink the money lifecycle
Financial systems today are often anything but harmonious. With rising complexity, cyberthreats and regulatory pressures creating costly disruption, it’s perhaps no surprise to hear that money is going astray. Conducted in collaboration with Oxford Economics, our latest report, The Harmony Gap, finds that every single hour, the average organisation loses $11,200 to financial disharmony. Annually, this figure reaches $98.5m. Large banks (those wi…
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