* Our Parent Company Crypto Token is LIVE!!! *Flag Token

Banks beginning to view fintechs as frenemies

Date:

Share post:

Welcome to my new weekly fintech focused column. I’ll be publishing this every Sunday, so in between posts, be sure to listen to the Equity podcast and hear Alex Wilhelm, Natasha Mascarenhas and me riff on all things startups! And if you want to have this hit your inbox directly once it officially turns into a newsletter on March 27th (woo hoo!), sign up here.

It was a busy week for fintech news, but then again, what week isn’t?

Since fintech became a thing, there has been inherent friction between incumbents and startups. But something I’ve noticed over the years is that while in some cases, there will always be competition (especially between digital banks and traditional ones), there is also some cooperation generally between the two because let’s face it, banks realize they need fintechs to stay competitive. And fintechs too can glean knowledge from banks that have operated for decades.

And so you can imagine how interesting it was for me on Friday to have a conversation with Scott Case, Truist’s chief information officer, and Dontá L. Wilson, the bank’s chief…

Read more…

Related articles

How to Build Tech and Career Skills for Web3 and Blockchain – Spiceworks News and Insights

How to Build Tech and Career Skills for Web3 and Blockchain  Spiceworks News and Insights Read more...

Flare and Uppercent Creating First NFT Marketplace for E-Learning

As stated in the partnership agreement, members on the Uppercent platform can sell, buy,...

Bitcoin Miner Argo Blockchain Loses CEO

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has...

Argo Blockchain plc's Peter Wall to step down as chief executive – Proactive Investors USA

Argo Blockchain plc's Peter Wall to step down as chief executive  Proactive Investors USA Read more...