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Traditional banks face stiff competition from fintech startups and neo-banks. These institutions operate entirely digitally, shedding heavy legacy infrastructure to offer: Automated, low-fee checking and savings accounts. Instant, AI-driven peer-to-peer (P2P) lending protocols. Highly optimized, user-friendly mobile applications. Central Bank Digital Currencies (CBDCs)

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: Scalable frameworks designed for long-term wealth preservation. fsiblogs com