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What will the bank of the future look like?

April 15, 2016 - Uncategorized

Taavet Hinrikus is CEO & co-founder of TransferWise, the international money transfer platform. He’ll be speaking at TNW Europe in Amsterdam this May, alongside 130 other top-flight speakers. Lionel Barber, the editor of the FT, summed it up at Davos: “Nobody wants to be in banking, everyone wants to be in FinTech”. FinTech — or financial technology — has reached the mainstream, but what does this mean for the banks? The Fourth Industrial Revolution is taking hold in banking. The rise of FinTech came about over the last five years primarily as the result of five key developments: 1. Loss of trust in the…

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