Speaking about the relationship between fintech companies and the traditional financial institutions, Janos said the latter is bound by the numerous regulations, and once the financial crisis arises, the firms which will be collapsed are the traditional banking firms. On the contrary, the fintech enterprises, with plenty of operational freedom, will probably give birth to a new round of reshuffle of economic forces.
Join us on FinTech APAC Connect 2017 (September 20-21 | Singapore) to hear more insights from Janos Barberis. |