Abstract
Banks were badly affected by the technology disruption and the impact was seen on their profit and loss accounts. Some of the banks did take over the FinTech companies but the others were too big and had deep pockets. They could easily compete with the banks and are now a major threat. These (GAFA) companies are pioneers in the use of technology devices. Banks have to cope-up with serious problems relating to HR and marketing, and even on the technology fronts. The journey ahead is strewn with difficulties.
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Joshi, V.C. (2020). E-Banking. In: Digital Finance, Bits and Bytes. Palgrave Macmillan, Singapore. https://doi.org/10.1007/978-981-15-3431-7_5
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DOI: https://doi.org/10.1007/978-981-15-3431-7_5
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Publisher Name: Palgrave Macmillan, Singapore
Print ISBN: 978-981-15-3430-0
Online ISBN: 978-981-15-3431-7
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