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Author Topic: [2015-12-30]CCN-Survey: Fintech Isn't Forcing an 'Uber Moment' for Banks  (Read 119 times)
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December 30, 2015, 11:06:22 AM

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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