So if a credit institution wants to move contents to an external cloud provider, it has to demonstrate that it is still able to manage all the risks involved in its services. Thus, those who claim that the end of banks is near will face the following comeback: banks are still special, and for good reason. 6.
So how to deal with the clash of cultures? As I said before, the digital era of banking is irreversible – but how should banks deal with that? In my talk, my question was more specific: how to deal with the clash of cultures between digital natives and digital illiterates in financial companies? Are “traditionalists” merely standing in the way of better finance?