NEWS, COMMENTARY, DEBATE AND ACCESS TO FUTUREWORLD'S COMPLETE KNOWLEDGE BASE
This is a great scenario. I see it though as a challenge to the conventional banks - how can they embrace this new phenomenon and use it to their advantage as opposed to just losing their retail banking divisions? Can they be bold enough to radically re-invent themselves? What would they need to do - embrace the network principles, understand new risk measurement parameters, etc - CAN they be that bold? WHO could?
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