Banks and FinTechs: Having lunch together
Most of these headlines are generated between 2016 and 2019. Only since a few years a lot happens in terms of market dynamics: FinTechs are gaining ground and are growing into serious financial players like Chime, Nubank and N26 (digital banking), Stripe and Revolut (payments), Robinhood (retail investing), Klarna and… We aim to apply the 80/20 rule: re-use 80% of what has been developed already and tailor the last 20% for each individual bank with its unique regional, commercial and regulatory context. Bank change boards: having banks extensively involved in future developments, not only for minor changes. Co-development of new…
