Is Fintech Here to Stay?

The fintech firms are not about to kill off traditional banks. But they will reshape finance–and improve it–in three fundamental ways. First, the fintech disrupters will cut costs and improve the quality of financial services. Second, the insurgents have clever new ways of assessing and innovating around risks. Third, the sector’s newcomers will create a more diverse, and hence stable, credit landscape.

Serguei Netessine,

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