Challenges faced by Banking Industry in 2017

Challenges faced by Banking Industry in 2017

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The memories of recessions have instilled a degree of fear in everybody’s minds. Now every move of the banking industry is being closely watched by billions of people worldwide. This raises curiosity among people to keep abreast with the changes in banking industry and how they are keeping up with the changing financial landscape of the world.

Following are some of the most prominent challenges faced by the financial services industry in 2017: • Not enough Growth • Consumer Expectations • Competition from FinTech companies • Regulatory Pressure

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