This Economist Intelligence Unit survey of banking executives from around the world – supported by in-depth discussions with bankers, venture capitalists and other financial industry participants – reveals the challenges and opportunities that lie ahead for retail banks. Their concerns about fintech appear to be receding rapidly, as banks join forces with fintech entities or other banks. This relatively new collaborative environment comes as fintechs realize they need more than a new app to gain market share. getAbstract recommends this enlightening report to executives in the fintech and financial services industries.
In this summary, you will learn
- How global banking executives feel about regulations, cybersecurity and other industry issues;
- Why more banks are coming to view fintechs as partners rather than competitors; and
- What developments are unfolding in the fintech and banking industries.
About the Author
The Economist Intelligence Unit is an independent research and analysis organization.