The Platformification of Banking

The nature of discussions happening on banking blogs and in banking conferences is changing. Two years ago, it was about fintech startups disrupting (i.e., displacing) banks. Today, it’s about how banks need to partner with the startups (and vice versa). FIs of all sizes are being urged to “partner” with fintech startups in order to capitalize on their momentum and innovations. Cornerstone’s take: Partnerships aren’t going to produce economic benefit...

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