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Strayer University
Digital Transformation in the Financial Services Industry
CIS 359 – Disaster Recovery Management
Assignment Title:
Assignment Title: Digital Transformation in the Financial Services Industry
1. Importance of Digital Transformation: Discuss the significance of digital transformation
in the financial services sector. Explore how it improves customer experiences and
operational efficiency.
2. Regulatory Challenges in Digital Transformation: Analyze the regulatory challenges and
compliance requirements that financial institutions face when implementing digital
transformation initiatives. Focus on data security and privacy regulations.
3. Case Study on Digital Banking Transformation: Choose a recent example of a financial
institution's digital transformation efforts and assess the impact on customer engagement
and profitability. Analyze their technology choices.
4. Fintech Collaboration and Innovation: Explain how financial institutions can collaborate
with fintech companies to drive innovation and accelerate digital transformation. Discuss
the benefits and potential risks.
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