Fax in 2025: How cloudification is revolutionizing financial services

Digital transformation is causing the financial services industry major problems when it comes to how highly sensitive, time-critical information in transmitted. Adding to these challenges are the radical changes in customer expectations in recent years, as digital communications have taken hold in nearly every aspect of consumers’ lives. To remain viable, outdated communication structures -- particularly those relying on servers and distributed systems -- need to be consolidated and standardized. Few industries are more prepared for this transformation than financial services, where significant investments are already being made to improve operational efficiencies and competitiveness. As some of the world’s largest… [Continue Reading]