10 new emerging trends by Verizon

BASKING RIDGE, USA: Verizon has identified 10 emerging trends that are key factors in this transformation, and that will create an even stronger focus on advanced security measures within the industry.

According to a release, the industry perspective, "Top Ten Trends of the Decade in Financial Services," written by Chandan Sharma, global managing director of Verizon Business' financial services practice, identifies the trends that will likely reshape the way financial services firms conduct business in the future.

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"The combination of these 10 trends shows that technology is increasingly blurring the line between personal and professional lifestyles," said Sharma. "For example, for consumers, the same features that are in physical bank locations will now be available on their mobile phones. As transactional self-service becomes the norm, especially for personal banking, the industry is going to operate in a new style and pace. By analyzing the intersection of these changes, we are advising financial firms to prepare for the expected and unexpected opportunities that lie ahead, such as an increased focus on security for the amount of consumers adopting mobile banking."

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