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Author Topic: [2015-12-30]CCN-Survey: Fintech Isn't Forcing an 'Uber Moment' for Banks  (Read 131 times)
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December 30, 2015, 11:06:22 AM
Last edit: December 30, 2015, 01:42:57 PM by tolikkk

An industry survey that covered 150 executives and investors in the banking sector has revealed that Fintech startups are only causing limited disruption to the industry rather than the dramatic, industry-defining shakeup of an ‘Uber Moment’.

A new survey conducted by Autonomous Research has revealed that 14% of banks face a significant threat by Fintech innovations such as bitcoin’s blockchain and similar distributed ledger technologies. Other figures show 44% of 150 investors and banking industry executives believing ‘selected disruption’ in certain sectors while 41% are of the opinion of some startups making an impact while nothing others will have none.

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