BREAKING THE BANKS
New entrants, new rules
Given the diverse new businesses and the amount of capital flowing into the fintech sector worldwide, traditional banks should be extremely concerned that their margins and profitability are under threat as never before from new competitors. The good news is that only a small minority of the new players have what it takes to turn the banking sector on its head.
This report analyses 33 case studies of new entrants and potential competitors to banks across the US, Europe and rest of the world. Many of the new entrants don't look like traditional banks, and more than half don't even have a banking licence.
Director of Councils and Client Relations
Phone: +353 (0) 87 173 6297