Asia Pacific economies are at various stages of DX maturity. In some countries, the disparity of digital adoption among companies are more evident. In the Philippines, for instance, digital-only neobanks are at the front line of DX adoption competing head-to-head with digital-savvy local and foreign universal and commercial banks in reinventing the banking experience. Constrained by limited resources, thrift banks
Efficient data storage, protection and analytics are crucial to Digital Transformation. Data is extraordinarily powerful it can bridge the gap between technology and line of business if harnessed into actional insights and delivered securely to the right people at the right time.
Digital Transformation is just the beginning of the journey and it doesn’t end with the launching of digital infrastructure and platforms. Bigger challenges lie ahead and data is a powerful change agent financial institutions can use to their advantage.
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