FinTech pt.2
summary
Bank Leumi puts digital front and runs an accelerator with The Elevator, piloting PTKS and Clarite inside the bank; a customer use case shows a one-time ATM code working to withdraw cash. Panel debates Apple Pay as incremental vs Bitcoin as a global disruptor attacking a $600 billion payments market. Startups focus on peer‑to‑peer lending, crowdfunding, social trading and personal finance tools; bank priorities remain cybersecurity, mobile and wearables, and reducing retirement fees that can cost customers roughly $100,000 over a lifetime.
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chapters (7)
- 0:00FinTech collaboration
- 1:53Disruptive banking forces
- 3:42Apple Pay trends
- 6:53Bitcoin payment disruption
- 10:05Credit card fees pain points
- 11:30Simplifying financial products
- 13:36Banks' FinTech priorities
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