About 67 per cent of surveyed banks believe they will lose market share within two years if they fail to digitally transform, according to a new... Some 58 per cent of global respondents predict that they will completely cease to exist in the next five to ten years unless they change their business models. — Photo bnews.vn About 67 per cent of surveyed banks believe they will lose market share within two years if they fail to digitally transform, according to a new report from cloud banking platform Mambu and The Financial Times Focus (FT Focus). The ‘Evolve or be extinct’ report was conducted by FT Focus and surveyed over 500 senior banking executives globally to gain insights into their perception of the banking industry, now and in the future. The results illustrate the urgent need for banks to modernise their offerings, with 58 per cent of global respondents predicting they will completely cease to exist in the next five to ten years unless they change …
Electricity
Hanoi allows barbershops, malls, on-site workers
A directive to this effect issued Monday night by municipal People's Committee Chairman Chu Ngoc Anh would allow businesses, offices and corporations to resume on-site operations at 50 percent capacity – half the workforce working onsite and the other half remotely. Malls, fashion shops, cosmetic stores, barbershops, repair shops for vehicles and electrical appliances, stores that sell books, office and studying tools, business activities on e-commerce platforms and online delivery can resume, starting 6 a.m. Tuesday. Other establishments that will reopen include markets, supermarkets, convenience stores, pharmacies, clinics, rehab facilities and other essential businesses like banks and postal services. The decision does not apply to organizations belonging to the central government, armed forces, coronavirus fighting units, diplomatic entities and international organizations. However, conferences and gatherings with more than 20 people in the same room are banned, except for …
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