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LONDON, Feb. 05, 2018 (GLOBE NEWSWIRE) — We are living amid a constantly evolving digital landscape. FinTech startups and challenger banks are continuously launching new advanced digital products on the market. Consumers, being blown away by flashy technologies, demand for their banks to reinvent themselves to stay current with other progressive industries. Not surprisingly, the traditional retail banks have a hard time keeping up given their recent branch closures and staff reductions. Ali Sadr, Chairman of Pilatus Bank, believes that most banks must evaluate their current banking model and adapt new strategies as well as technologies, otherwise they will risk obsolescence.
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