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How Banks and Fintech Companies Can Benefit From Each Other

Posted: Wed Apr 05, 2017 10:01 am
by kreslik.news

This article was written by John Donovan is the CEO of Bizfi.

When fintech companies emerged a decade ago, many companies came out with their boxing gloves on, ready to fight their way through the established financial services industry order. Traditional banks put their gloves on too, thinking they’d need to defend their turf from the upstarts. Now, increasingly, the gloves are being put away because smart banks and fintech companies have discovered that they can benefit from each other.

To be sure, you’ll still see surveys with one side saying the other is a threat. Beyond the checkboxes, however, you can ... (read more)