30-second summary:
The article discusses the impact of digital transformation on the financial industry, particularly through the rise of fintech companies. It highlights the ways in which fintech is revolutionizing traditional financial services by offering more innovative and user-friendly solutions. The article emphasizes the importance of embracing digital transformation in order to stay competitive in the industry. It also outlines the challenges and opportunities presented by fintech, such as security concerns and increased access to financial services. Overall, the article emphasizes the need for traditional financial institutions to adapt to these changes in order to remain relevant in today’s digital age.
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