Banks leverage AI, APIs, and agile tech to compete with fintechs, enhancing customer experience. Digital banking dynamism continues to hold sway, as banks sharpen their transformation efforts to keep pace with rapid technological advancements. These advancements help them meet customers’ expectations and compete with more-agile Big Tech and fintech players, an ever-present threat. At this year’s Sibos event, held in Beijing, there was a noticeable increase in the number of nonbanks in