If you can't beat them,join them
This is the age of disruption.In this age of supersonic change our financial systems still rely on decade old methods.The outcome was very natural, growing customer dissatisfaction.But where do they go.The financial environment had been dominated by the giants.Internet comes as a savior. We have some new breed of entrepreneurs taking on the big boys. The time they realized the neo-bankers have arrived on the scene.Some banks have started to imitate them.While others have started partnering with them.On the flip-side this could be a symbiosis of speed and dominance.Banks are afraid to test waters in the fast moving stream of technology and the Fintech newbies may drown in the vast ocean.Overcoming the challenges of costly regulation and supervision and banks on the other hand getting to piggy ride the technology wave.While we are talking about challenges coming from the traditional Fintech startups.There might be danger looming far away.Tech giants li...