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Japanese Banks Step Up Digitization To Retain Customers Amid Rising Rates

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    Posted by Two Blokes Thu at 10:45 AM - Filed in General - #TwoBlokesTrading  - 3 views
    Japan's traditional banks are spending billions of dollars to accelerate their digital transformation, seeking to compete better with new-age lenders for deposits amid Japan's shift to higher interest rates. Japan's banks face an unfamiliar environment after the central bank reversed its longtime policy of negative interest rates in 2024.