How Technology Can Save Commercial and Business Banks from the Brink

November 22, 2023/Fenergo
🕑 2 min

Global commercial and business banks collectively lost an estimated US$3.3 trillion in the 12 months to
September 2019 due to abandoned applications during inefficient onboarding.This is a key finding from Fenergo’s report into the health of digital transformation in commercial and business banking.

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