Fintech innovation in the B2B space has only just begun

Fintech innovation in the B2B space has only just begun

The payments landscape has seen some major changes in the last decade thanks to innovations from new entrants to the market. Consumers have benefited from better rates, lower fees, improved customer experience – all driven by new technologies. I can’t help but wonder if incumbents would have invested in digital as heavily without the disruptive non-bank players coming onto the scene; the way in which people used financial products remained the same for years, and even though technology was evolving at a rapid pace, banking was slower to catch on, as there appeared to be no reason to embrace it.  

Sourced through Scoop.it from: www.finextra.com

Leave a Comment