Automation, digitalization, and advanced analytics are initiatives of many organizations. However, retail banking services represents Autonomous finance, and it includes:
- Saving accounts
- Checking accounts
- Credit cards
- Mortgages
- Personal loans
Retail banks are institutions that are B2B financial services serving consumers. The retail banking role is not hidden. But it is a must to consider the way it serves the consumers in this present socio-economic situation.
Source: Top Benefits of Autonomous Finance in Retail Banking
