Fintech Insider Podcast by 11:FS
871. Insights: Ask us anything! We answer your biggest questions about financial services.
Jun 27, 2024
Guests Kate Moody and Jamie Campbell answer audience questions on FinTech and financial services. Topics include the dominance of traditional banks vs. digital banking, bank-fintech partnerships, support for vulnerable customers, generative AI impact, potential IPOs of companies like Revolut, Monzo, and Starling, and speculation on future fintech IPOs.
44:08
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Established banks maintain dominance globally, but challengers like Revolut are reshaping the industry through customer acquisition and innovative models.
- Engaging with regulators and leveraging collaborations is crucial for navigating complex regulatory landscapes in non-traditional industries.
Deep dives
The Future of Established Banks in the Industry Post Digital Banking 1.0
Established banks are still dominant due to holding most of the global money, but shifts are occurring as banking becomes commoditized and customer behaviors change. Challenger organizations like Revolut are making strides in acquiring customers and expanding beyond traditional models, gradually reshaping the industry.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
