Impacts, Challenges and Trends of Digital Transformation in the Banking Sector
Impacts, Challenges and Trends of Digital Transformation in the Banking Sector ArXiv ID: ssrn-3835433 “View on arXiv” Authors: Unknown Abstract Driven by the 2020 pandemic’s work-at-home mandates, the future of work in banking and finance may be in the midst of disruptive change. The digital transformat Keywords: Digital Transformation, Banking, Work at Home, Future of Work, Financial Services, Banking / Financial Services Complexity vs Empirical Score Math Complexity: 0.5/10 Empirical Rigor: 1.0/10 Quadrant: Philosophers Why: The paper discusses broad digital transformation trends and impacts in banking, lacking advanced mathematical formulas or quantitative models; empirical evidence appears to be descriptive rather than data-driven or backtested. flowchart TD A["Research Goal<br>Understand DT impacts on Banking<br>post-2020 pandemic"] --> B["Methodology<br>Literature Review &<br>Case Study Analysis"] B --> C{"Input Data"} C --> D["Financial Services Industry Reports"] C --> E["Remote Work / Digital Adoption Statistics"] C --> F["Employee & Customer Satisfaction Surveys"] D & E & F --> G["Analysis<br>Thematic & Comparative Analysis<br>of Trends & Challenges"] G --> H["Key Findings & Outcomes<br>1. Accelerated Digital Adoption<br>2. Hybrid Work Models<br>3. Cybersecurity Challenges<br>4. Future of Banking Workforce"]