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EP09 The Future of Banking and Financial Services | with Philippe De Backer, Arthur D. Little

Couchonomics with Arjun

00:00

Digital Banks

There are about 300 digital ne banks in the world. Most of them haven't made any money, but a few specialize in particular niches and were always clear that they wanted to make a bottom lime profit very early. What we're seeing is an example of legacy banks fighting back by closing performance gap with neo banks. We'll see a blood bathin many sectors inall starting with payments, a very crowded market. And we see the concentration and emerging winners on their way.

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