emerging FinTech providers

Banks Want To Collaborate With Emerging FinTech Providers

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According to a recent Deloitte report, EU banks are keen to collaborate with the new stream of FinTech providers who are heating up the financial services market. Instead of developing in-house products themselves, banks are flagging behind on innovation and only account for 19% of the $10 billion spent on FinTech last year. The report suggests that banks have seen …