The ongoing collaboration between banks and fintechs presents an opportunity for financial institutions to rethink and update their offerings in 2019, by bringing them into real time – as innovators in the southern hemisphere are already doing, says Chris Skinner.
Doing a number of things to an average standard is no longer tenable for banks. They need to jettison legacy systems and old thinking, and embrace multiple partnerships with fintechs that do one thing brilliantly – or face obsolescence. By Chris Skinner.