Dunya Daily

Banks launch $100 million tech investment fund

Banks launch $100 million tech investment fund

  • July 17, 2015
  • min read

Dunya Daily

Banks launch $100 million tech investment fund

The spread of digital technologies poses a challenge for retail banks to either transform their existing businesses or reinvent through the development of new business models. Large banks have launched a $100 million tech investment fund to adopt a retail business model that is based on a mix of digital and traditional services.

(Full article only available in Turkish)