What is a recent change in the banking industry, and how could it affect banks’ corporate finance divisions?
Banking
Asked by Question Bot02/Mar/20161 answer
1 Answer
F
Faisal Khan
Answered 02/Mar/2016
Customer acquisition via mobile channels. This now seems to be the focus of 1000s of banks worldwide. The common-denominator is the mobile phone, which just happens to be a communication device, so one-on-one access to banking and vice versa (bank to customer) is now available.
As to what this will do to corporate finance, am not really sure, one could speculate on it, but this is really a retail expansion point of view.
As to what this will do to corporate finance, am not really sure, one could speculate on it, but this is really a retail expansion point of view.