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Author Topic: Are challenger banks in the UK as ‘disruptive’ as they claim?  (Read 445 times)
GetBABB
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September 29, 2017, 03:58:14 PM
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Rushd Averroes, the founder of blockchain based bank BABB has some interesting thoughts about the so-called ‘disruptive’ role of challenger banks in the UK:

“During my search, I found almost no evidence of companies building full-stack solutions independent of legacy systems.

"So-called challenger banks in the UK build into legacy payment systems and end up simply re-creating a banking business model.

"The only difference is a nifty smartphone app with a beautiful user interface.

"Those things are nice to have, of course, but I had clarified my thinking enough by that point to know that I had ambitions beyond plastering a pretty new facade onto crumbling old infrastructure.”

Read more about his vision here:

https://medium.com/@BABB/chapter-two-beyond-financial-inclusion-41497d5ed73
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Some PGP public keys you should import: theymos, Wladimir, Gregory, Pieter
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September 29, 2017, 04:00:12 PM
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Don't bother. This is just ICO spam.

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