Articles Technology August 12, 2019

Who to bank on: big techs or traditional banks?

Who to bank on: big techs or traditional banks?

The BIS Annual Economic Report 2019 undertook a review of the opportunities and risks for large technology firms (“big techs”) who have ventured into financial services over the last two decades. The established customer base and brand recognition secured by big tech firms and the innovative fintech used, complement their expansion into financial services.

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