Bankers And Revolutionaries

“There ain’t a winner in the game / Who don’t go home with all” (Garcia/Hunter, “Jack Straw,” 1971.) Raise your hand if you’re sick of the “fintech innovators vs. incumbent banks” conversation. I’ve been following this debate for a while now, and I’ve come to the conclusion that the framing is entirely wrong and the terms involved […]

Fintech 2.0: The Copenhagen Model

Fintech firms should get into bed with banks, according to The Fintech 2.0 Paper, published in June 2015 by Santander InnoVentures, Oliver Wyman and Anthemis Group. The authors of the paper suggest that fintechs can only get so far working as industry outsiders: “[R]einventing our industry’s core infrastructure and processes…can succeed only as a collaborative endeavor, […]