The economist predicts the downfall of traditional banks at the hands of fintech upstarts.
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Just came on here to post this too!
The massive banks in Asia are fully embracing digital - it’s probably why there’s not a huge amount of ‘disrupters’ there as the industry progresses well and isn’t stuck in the time like our legacy banks. It’s kind of obvious how they’re a ‘way of life’ there as the article says.