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15min chapter
The Evolving Relationship Between Fintechs and Traditional Banks
Banking Transformed with Jim Marous
Evolving Relationship Between Fintech Companies and Traditional Banks
The chapter explores the changing dynamic between fintech firms and traditional banks, outlining how regulators are adapting to directly oversee fintech companies due to their accelerated growth and impact on the banking industry. It delves into the challenges faced by traditional banks in adjusting to stricter regulations on third-party relationships and transaction monitoring. Additionally, it discusses the emergence of neo-banks and the potential disruptions they pose to the traditional banking sector, emphasizing the need for sophisticated sponsor banks to navigate these changes effectively.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode