FinTech: ‘The essence of banking remains the same'

04 april 2017
“Expectations of bank clients are changing. Primarily as a consequence of digitisation. Whether in the form of disruption, revolution or evolution, the fact that major changes are taking place in the banking sector as a consequence of new technology cannot be denied."

"Established banks, new FinTech companies, supervisory authorities and other parties are all jostling for position in the new banking landscape. What remains unchanged is the essence of the financial services as offered, up until recently, almost exclusively by banks. In other words, while the banking sector may change, the essence of banking remains the same.”