What are the pain points of digital transformation of financial institutions?

There are many pain points in the digital transformation of financial institutions, including:

-Business and technology are separate. The objectives and priorities of business and technology are inconsistent. In the waterfall development model, there are many problems, such as demand queuing, competition for resources, and lack of good integration between science and technology departments and business departments.

-The coordination between culture and strategy is another pain point in the digital transformation of banks, and culture is often difficult to change.

-Enterprise account management has the problem of emphasizing prevention and control risks and neglecting enterprise services. It is generally difficult for small and micro enterprises to open accounts, and the basic payment service fee is high.