Central Bank Digital Currency – Death of the retail bank?
Central Bank Digital Currency – Death of the retail bank?
Could a Central Bank Digital Currency be the death of retail banks? There are many winds of change surrounding the banking industry today, but one that should be front of mind for retail bankers is the possibility of a CBDC. This white paper explores the knock-on effects a CBDC could have, and what survival tactics retails banks should be thinking about in order to prepare.
Content
- Introduction
- What is a CBDC?
- The customer is always right
- Survival of the fittest
- Conclusion
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