Digital disruption opens emerging markets opportunity for banks, sparks competition in developed economies
Moody's Talks - Focus on Finance - A podcast by Moody's Investors Service, Ana Arsov, Danielle Reed, Mark Wasden, Bruno Baretta, Donald Robertson - Wednesdays
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Banks will benefit from an increased customer base as accelerated digitalization makes financial services available to unbanked populations in emerging markets. But traditional banks face competition as big tech firms impinge on payment services and central banks explore creating their own digital currencies as a defensive move.
