We need to stop thinking of digitization as a revolution. It has already become rooted in our everyday lives, both professional and private. In fact, virtually all businesses already undergone, or are in the process of digital transformation, constantly searching better ways and solutions to make life easier for all of us.
When there’s a rupture in direct communication, remote channels will have to do. The digital transformation of wealth management had already been one of the key points on the industry agenda. The times of the pandemic have only accelerated this trend.
FinTech’s keep moving fast and breaking things. It’s a major shakedown for the incumbents who often lack what the newcomers are known for: ingenuity and openness to innovation. But what are the patterns here? What trends are emerging? Let’s take a closer look at the DACH region.
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