Will the Big Banks be able to hold up against the Fintech challenge?

2 min read

The legacy financial services are trying desperately to gain a competitive edge over the innovative Fintechs. Despite having all the traditional advantages – network infrastructure, solid balance sheets, regulatory approvals, physical footprint & established business relationships with the older generation – they still seem to be fighting a losing battle. Fintechs, on the other hand, focus their services on the tech-enabled Millennials & Generation Zers, who demand tailor-made services accessible to them on their smartphones giving the best value of their money. And their explosive growth speaks volumes about the success of this model – global Venture capital funded deals…...

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Faisal Khan Faisal is based in Canada with a background in Finance/Economics & Computers. He has been actively trading FOREX for the past 11 years. Faisal is also an active Stocks trader with a passion for everything Crypto. His enthusiasm & interest in learning new technologies has turned him into an avid Crypto/Blockchain & Fintech enthusiast. Currently working for a Mobile platform called Tradelike as the Senior Technical Analyst. His interest for writing has stayed with him all his life ever since started the first Internet magazine of Pakistan in 1998. He blogs regularly on Financial markets, trading strategies & Cryptocurrencies. Loves to travel.