Read the original full report from Fintech here.
Here is a brief summary of the article:
- Technology innovation is rapidly changing the financial services industry.
- Financial institutions that embrace innovation can gain a competitive advantage.
- However, it is important to balance the pursuit of innovation with the need to uphold ethical values.
- Financial institutions should develop and implement policies and procedures to ensure that they comply with all applicable laws and regulations.
- Employees should be trained on the company’s policies and procedures related to technology innovation.