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Predictions for 2023: Live from Money20/20
Fintech Business Podcast
What Types of New Technologies Will Big Tech Invest in 2023?
Big tech has kind of a mixed record of pushing into the banking space. Big tech companies right now have very strong balance sheets and what that enables them to do is be on the offensive in times like these. I think they are competing with each other over wallet share and for that reason they will continue to invest in financial services to earn that. We'll see increased M&A activity from big tech companies as there's bound to be some good deals in 2023.
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