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<ul class="summary-list"><li>Madison Kohout, 19, accidentally moved into an apartment complex for senior citizens in Arkansas.</li><li>Kohout didn't see the complex until she moved in and said it took her a week to realize her mistake.</li><li>Kohout retold her story on <keyword id="6762469" type="UNKNOWN" weightage="60" keywordseo="TikTok">TikTok</keyword>, and people are saying it could be the plot of a sitcom.</li></ul><a href="https://www.tiktok.com/@itsme.madiiii?_d=secCgYIASAHKAESMgowyK9S%2FdMYheWQ2Vo7516KPM23c4vGOc9ORZMozGsMVcjioZ3QPOqgwCX1uoBjD%2BK3GgA%3D&amp;language=en&amp;preview_pb=0&amp;sec_user_id=MS4wLjABAAAAinLvmikw4e0ckHP2Ike-A5FhvWL39yCjnQ-QGfK4p7M6EFQhYZzap5dFl6Qn0elH&amp;share_app_id=1233&amp;share_item_id=6952242917847092485&amp;share_link_id=E746507C-7B35-422C-9212-F5269AF0BAB5&amp;source=h5_m&amp;timestamp=1619256943&amp;tt_from=more&amp;u_code=d98c58fai2gmhi&amp;user_id=6757833606180684805&amp;utm_campaign=client_share&amp;utm_medium=ios&amp;utm_source=more&amp;_r=1&amp;is_copy_url=1&amp;is_from_webapp=v1amp;utm_source=more&amp;_r=1&amp;is_copy_url=1&amp;is_from_webapp=v1">Madison Kohout</a>, 19, relocated from Oklahoma to Arkansas to start a new life, and she accidentally moved into an apartment complex for senior citizens in the process.Kohout retold the story on TikTok in <a href="https://www.tiktok.com/@itsme.madiiii/video/6952242917847092485?_d=secCgYIASAHKAESMgowyK9S%2FdMYheWQ2Vo7516KPM23c4vGOc9ORZMozGsMVcjioZ3QPOqgwCX1uoBjD%2BK3GgA%3D&amp;language=en&amp;preview_pb=0&amp;sec_user_id=MS4wLjABAAAAinLvmikw4e0ckHP2Ike-A5FhvWL39yCjnQ-QGfK4p7M6EFQhYZzap5dFl6Qn0elH&amp;share_app_id=1233&amp;share_item_id=6952242917847092485&amp;share_link_id=E746507C-7B35-422C-9212-F5269AF0BAB5&amp;source=h5_m&amp;timestamp=1619256943&amp;tt_from=more&amp;u_code=d98c58fai2gmhi&amp;user_id=6757833606180684805&amp;utm_campaign=client_share&amp;utm_medium=ios&amp;utm_source=more&amp;_r=1&amp;is_copy_url=1&amp;is_from_webapp=v1amp;utm_source=more&amp;_r=1&amp;is_copy_url=1&amp;is_from_webapp=v1">a video</a> that had more than 3 million views and 600,000 likes at the time of writing. TikTokers are sharing their amusement and admiration for the unique living situation in the comments."This could be a sitcom," one wrote."I had a friend who lived in one of these," wrote another. "Only a certain percentage had to be seniors, and it was such a nice place!"Kohout shared with Insider what it's like to be a <keyword id="6393498" type="UNKNOWN" weightage="60" keywordseo="teen">teen</keyword> living in a retirement <keyword id="6363870" type="UNKNOWN" weightage="60" keywordseo="home">home</keyword>.<h2>Kohout likes her new living situation</h2>Kohout's first impressions of her new place were positive."The rent was significantly cheaper compared to where I had moved from," Kohout told Insider. "I was able to lease a two-bedroom for only $350 a month. It was super spacious and felt like home."Kohout found the apartment online and moved into it days later before she saw it in person."When I went out to my car, I started meeting some of my neighbors. To my surprise, they were all over the age of 65," she said.After setting up her new home, Kohout realized what she had done."A week later, I saw the sign reading 'Senior Citizen Apartments.' I realized I accidentally moved into a retirement village," Kohout said.<a href="https://www.newsweek.com/teen-documents-new-life-accidentally-moving-retirement-home-1584690">Kohout told Newsweek</a> that she had moved into equal-opportunity housing that didn't discriminate based on age but was designed for senior citizens. Within the community's 10 apartments, Kohout is "the only teenager in sight," she told Newsweek.Since the original post, Kohout has made even more videos describing her life among seniors in Arkansas. Kohout said she enjoyed hanging out with her new neighbors, listening to their stories, and eating delicious food."I've never had so many home-cooked meals in my life," she said.She also said in the video that the community is quiet, but her neighbors often ask her how she's doing when she gets home.<div type="image" title="madi" height="2316" width="3088" msid="82301163" hostid="261"></div>Although it's not what she expected, Kohout said she has no regrets about the move."I am taking each and every moment as an opportunity to learn," she said."Remember, if you're struggling with rent, start your early retirement," she said in the video.

A teenager accidentally moved into a senior living community and is documenting her new life on TikTok

<ul class="summary-list"><li>Experts shed light on what digital transformation in finance means for banks and people.</li><li>Industry leaders say digitizing finance prioritizes the interests of large and small clients.</li><li>The conversation was part of Insider's event "Finance Meets Its Future," which took place on Thursday, March 23, 2023.</li></ul>According to<a href="https://www.insiderintelligence.com/insights/digital-transformation-banking-finance/" target="_blank" rel="noopener"> Insider Intelligence</a> banks and other financial institutions are pouring funding into digital transformation technologies and initiatives. Banks are keeping up with the demand for technological innovation by making their services available at the tap of a button on a smartphone.In the session "Demystifying digital transformation in finance," part of the "Finance Meets Its Future" event presented by Amberdata, experts discuss digital transformation in finance on wall street. Customer convenience is at the forefront of digital transformation discussions. Reetika Grewal, head of digital transformation for CB and CIB at Wells Fargo said that that client concerns are at the center of digital transformation. "We just recently launched, at the end of last year, a brand new portal experience for our clients in the corporate and investment bank as well as the commercial bank called Wells Fargo Vantage," Grewal said. Peter Akwaboah head of innovation and chief operating officer of technology at Morgan Stanley echoes these sentiments. "We spend a lot of time around looking at our own internal processes and making sure that we continue to digitize those and make that as effective as we can, relative to how we support the customer," Akwaboah said. "The customer comes to the front end. We have to make sure that the back end is also as efficient as possible as well."Digital transformation poses key challengesWhen asked about the challenges of driving digital transformation in banks, Akwaboah said the industry is contending with multiple competing agendas. "The more you digitize, the more you also see the scale of our safeness and soundness becoming more important," he said. "So the investment in the cyber becomes something that we have to compete. So we're growing our business, we're having to make sure that we're doing it in such a way that continues to be regulatory compliant, as well as making sure that it becomes very safe as well." Grewal agreed and added that digital transformations should be given a holistic approach. "Data is a really, really big component of any digital transformation and making sure that we've got that thought through as well from that people process systems lens as well," she saidBanking's biggest changesBoth experts agree that the most important change is the overarching cultural shift that comes from digitizing banking. "What we focus our attention on is really making sure that there is a culture of change, culture of innovation," Akwaboah said, "And because things change in a dynamic way and you have to be nimble and agile to be able to reflect to those change in the modern environment". Grewal said, "One of the most important things we did when we're starting on this transformation journey was making sure that everybody from a cultural perspective had that deep passion for our clients."Key Takeaway: Clients come first in digitial transformationBoth experts agreed that the goal for big banks that are digitizing should be ensuring platforms are user-friendly and that clients are the key focus. Akwaboah pointed out that the CEO and CFO at Morgan Stanley strategize for the client by taking a hard look at the company's strategic intention and aligning on where they're heading at least once a year. "That is an important part of everybody being behind the strategy and how we're servicing our customers," Akwaboah said.Grewal maintained that listening to clients is a key factor in Wells Fargo's strategy. "The embedded finance space is a way that you really try to bring more of what we offer to the tools and the systems that our clients are using," Grewal concluded.

Experts from Morgan Stanley and Wells Fargo share insights on how digital transformation in finance protects and enhances client experiences

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A teenager accidentally moved into a senior living community and is documenting her new life on TikTok

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Experts from Morgan Stanley and Wells Fargo share insights on how digital transformation in finance protects and enhances client experiences

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