Technology has revolutionized financial services from "summary" of Economics of Money, Banking and Financial Markets, Business School by Frederic S. Mishkin
Technology has transformed the financial services industry in recent years. With the advent of new technologies, such as artificial intelligence, blockchain, and mobile banking, financial institutions have been able to offer a wide range of innovative products and services to their customers. These advancements have not only improved the efficiency of financial transactions but have also enhanced the overall customer experience. One key way in which technology has revolutionized financial services is through the automation of processes. By utilizing AI and machine learning algorithms, financial institutions are now able to automate tasks that were previously time-consuming and labor-intensive. This has led to faster transaction processing times and reduced operational costs for both financial institutions and ...
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