Digital lenders have a $1 trillion opportunity ― this slidedeck has everything you need to know about them
It is fair to say there is a lot of hype out there about the potential for financial technology. It is already one of Wall Street’s buzzwords, and there are some who think it could have game-changing ramifications for the banking industry. Antony Jenkins, the former CEO of Barclays, in November laid out the potential for an Uber-style disruption, which could shrink industry headcount at traditional banks by as much as 50% Autonomous Research, a financial specialist research house, has been taking a closer look at the industry. According to their research, Wall Street isn’t really that worried about the potential for an ‘Uber moment.’ Read the rest of the article here.