The evolution of banking and fintech partnerships

  • “According to surveys conducted by PwC in 2016 and in 2019, 42% of banks engaged in joint partnerships with fintech companies, and 94% of financial services companies said they were confident that fintech would help to grow their company’s revenue over the next two years.
  • Fintech should not be feared, as it’s been a major player in the banking and financial services industry for well more than a century. The union between banking and fintech will continue to be a driver of innovation in 2022 and beyond as both sides strive to grow and engage their customer base to drive more revenue.”

https://www.bai.org/banking-strategies/article-detail/the-evolution-of-banking-and-fintech-partnerships/

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