+22 CAGR Growth to Be Achieved by Digital Banking Market Analysis 2018 with Industry Forecast to 2022
Digital banking includes all kinds of online/internet transactions done for various purposes. Customer convenience, higher interest rates, and technologically advanced interface majorly drive the market. High security risk of customer's data hinders the market growth. Growth in smartphone usage, increase in internet penetration among consumers, and increasing technology and growth of developing economies in Asia-Pacific region are some of the key factors, which are fueling the market growth. It is the incorporation of new technologies, to deliver enhanced customer services.
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