Challenges of Regulation and Fintechs

    
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For the most part, the fear that Fintech companies would usurp banks has not come to pass

The banking industry has seen tremendous changes in the past 10 years. The financial crash resulted in an overhaul of regulation that damaged the reputation of banks. Coupled with a lack of internal innovation in banks, this crisis allowed Fintech upstarts to grab share in the industry.

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About The Author

Ken is our CMO at Nomis Solutions.