Banks Avoid Fintechs At Their Peril —Leaders Learn How To Collaborate

  • “According to Capgemini, only 19% of banks have a dedicated innovation team and only 6% have achieved the desired ROI form fintech collaborations.
  • You take a picture of yourself, attach it to a digital app. An AI -enabled model takes a view on your initial credit limit — there’s no separate application processing or underwriting, and your loan gets processed with one click.”

https://www.google.com/amp/s/www.forbes.com/sites/tomgroenfeldt/2020/05/07/banks-avoid-fintechs-at-their-peril–leaders-learn-how-to-collaborate/amp/

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