Ep221: Are banks destined to lose ownership of customers and just ‘power’ finance?

Rivo Uibo, Co-founder & Chief Business Officer, Modularbank

The banking industry is undergoing a profound transformation but will the rise of embedded finance be an existential threat to banks or a massive opportunity? Growing demand for BaaS and the potential for an infrastructure play mean that banks could operate in ‘multiple modes’, not only providing services to their own customers but rolling out a variety of services to third parties. Robin Amlot of IBS Intelligence speaks to Rivo Uibo, Co-founder and Chief Business Officer of Modularbank.