It’s almost summer, and you have probably accepted an offer from your favorite B-School that you pursued for months. Based on conversations with your B-school seniors, you know how intense the first few months of the program is, with coursework, networking, and internship hunting all happening at the same time. Perhaps the thought of such […]
The financial services industry has seen drastic technology-driven change over the past few years, and digital has fundamentally reshaped consumer behaviour in banking. According to Oliver Wyman, a global management consulting firm, 90% of Canadian banking customers use digital channels and more than 30% are now banking exclusively virtually. In response, banks worldwide are making […]
Before we dive into why AI is the solution for the banking sector, let’s first explore what big tech companies have in common, how many of them have grown successfully, and what banks can learn. The three ingredients that have contributed to the massive success of big tech firms might be described as: Identify big […]