The rise of FinTech is both an opportunity and risk for traditional financial institutions. According to PwC analysis, financial service incumbents believe that by 2020, 23% of their business could be at risk due to FinTech innovation by 2020. To counter this, traditional financial institutions can respond to the threat of Fintech startups by partnering with them.
Wherever your bank is headquartered, plan a trip to Silicon Valley for your executives and innovation team to get to know these 15 FinTech companies that every bank should meet.
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