The Swiss bank is well known for its reputation as a global world-class secure bank and the bank has also been the center of many financial scandals around the globe as the bank has been known for not disclosing the details of its clients and data of the clients at any cost and no government it responds to.
Now as the world moves towards a digital future the currencies are also becoming digital with the cryptocurrencies in play and this bank is a major influence on currency trends throughout the world. This bank is now preparing to include digital banking with the integration of the popular blockchain technology however this has not been confirmed by any official there are rumors from sources pointing to this happening in potential future. The development of fintech is essential to this transition that the swiss bank wills to make and the security of digital banking is also one aspect that needs to be developed specifically for such a bank that cares so much about privacy. The integration of Artificial intelligence, biometrics new database systems, and much more fintech advancements are crucial to the transformation of the bank to a digital entity.
Singapore has made some amazing progress in digital banking and fintech the Swiss bank could learn and take some notes from the amazing banking and financial infrastructure the Singaporean government has built in a very short period of time.
Tags : cryptocurrency, Swiss bank, Singapore, blockchain technology, Artificial intelligence,