Author: Albert Tinio

For decades, the narrative surrounding businesses has been simple: companies exist to generate profit. 

The next decade will likely witness a more profound transformation of the banking industry than anything seen in the past century—a seismic shift fueled not only by technological advancements but also by a convergence of demographic, socioeconomic, regulatory, and environmental factors. At best, we can thus anticipate a future characterized by longer life expectancy, greater job mobility, a thriving sharing economy, better health, improved access to wellness services, heightened environmental awareness, and more financial prosperity. These factors will converge to redefine how we work, live, play, and manage our finances. Banks of the future will leverage these transformations to further enhance their customers’ financial well-being, helping them meet their financial obligations, achieve financial…