3 Things that Banks Can Learn from Growing FinTech Companies
Posted: Mon Mar 28, 2016 7:35 am
This year the financial technology industry will permeate the financial market as never before. FinTech will take center stage, not only with the consumers who leverage its innovative and expanding offerings, but with the banks – large and small – which are growing increasingly aware of its innovations.
I believe that banks that embrace FinTech’s time in the spotlight will have learned three key points from the industry’s growth thus far: its transparency, timeliness and convenience.
Transparency:
When a small business owner’s application for funding is rejected at a traditional bank or credit union, the business owner often has little understanding of the ... (read more)