Fintech x Banking: Saying “I do” in the era of collaboration
summary
Banks and fintechs move from enemies to partners but the talk gives concrete numbers and tactics: collaboration interest is 90% of banks, 75% of fintechs, global fintech funding hits $57.9B in H1 2018, and roughly a third of people use fintech (China ~70%). Practical warnings: bank integrations routinely take 6–9 months, legacy IT and weak innovation culture stall deals, startups must research partners, ask for timelines and safeguards, avoid surrendering their core business, and plan for PSD2/open banking aggregation apps.
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