Investors should consider finding which are the best bank stocks to buy amid this instability. Banking and insurance segments are fast-tracking digital transformation efforts to meet the rising demand for more efficient, personalized financial services. Customers have become more demanding of a data-driven approach toward finance. Therefore, banks across the globe are scampering towards improving their digital presence, which should have investors thinking about the best bank stocks to buy. The management of a large proportion of financial services firms feels that digital transformation is imperative. A recently released report from Broadridge Financial Solutions showed the results of a study conducted by the firm on 500 C-suite executives. Many believe that artificial intelligence and blockchain technology will play a massive role in building the infrastructure of financial markets. According to the firm, companies spend nearly 27% of their total IT budget on digital transformation. Here are three bank stocks to benefit from the growing transformation trend. SOFI SoFi $5.45 SQ Block $75.09 GDOT Green Dot Corporation $16.34 SoFi ( SOFI ) Source: rafapress / Shutterstock.com SoFi (NASDAQ: SOFI ) is a leading digital bank and personal finance company. Its focus on innovative, digital-first financial services has propelled it to […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
