How banks are benefiting from fintech innovation City Talk Digital disruption powered by nimble startups has bitten at the heels of many large financial organisations, but now the banking behemoths are striking back. Fintech’s first wave was all about new names targeting businesses and consumers with services like money transfer, foreign currency exchange, and even loans. We now live in a world where Apple, [...]
Here’s why fintech will make banks stronger City Talk Fintech’s early stages have been all about small startups taking on the banking goliaths, but the next phase will see the more established players getting a piece of the innovation game. Brian McCabe, who chairs the fintech working group at the Fintech and Payments Association of Ireland, says existing banks and financial players won’t get [...]
Why banks should say thanks to fintech startups City Talk A perfect storm of financial crisis and technological advances paved the way for a flurry of fintech activity. The sector has seen growing investment and is maturing as traditional finance houses wake up to the challenge of digital rivals. Anna Scally, partner and head of KPMG’s fintech practice in Dublin, offers several explanations why the [...]
