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The Great Banking Reset: Merging High-Tech with High-Touch

Michael Abbott from Accenture discusses how artificial intelligence and emerging technologies will help banks combine digital efficiency with the personal touch that defined banking’s golden era.

Published on January 2025 in Product Strategies

FEATURING: Michael Abbott, Senior Managing Director and Global Banking Lead at Accenture

The banking industry stands at a pivotal crossroads as we approach 2030. While the past quarter-century was defined by digital transformation, which brought unprecedented efficiency and convenience, it also created an unexpected paradox: the loss of personal connection in banking relationships.

In this episode of Banking Transformed, Michael Abbott, Senior Managing Director and Global Banking Lead at Accenture, discusses how artificial intelligence and emerging technologies will help banks bridge this gap. They will enable them to combine digital efficiency with the personal touch that defined banking’s golden era.

We also explore how banks can differentiate themselves in an increasingly competitive landscape where technology alone is no longer enough to win customer loyalty.

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