How to get ahead in the new era of co-disruption
Banks and FinTechs are increasingly in need of each other. For incumbent banks, especially, the adoption of new technology, is business critical in the face of changing customer expectations and increased competition from more agile challengers. For the start-ups, limited audiences and market consolidation is making partnership more attractive than going alone.
But integration is rarely straightforward, especially when it brings two different cultures together. This whitepaper discusses the challenges that FinTechs will face when working with banks, and offers advice on how to navigate them. In particular, we highlight where third-party assistance can help to avoid costly errors or delays in areas such as stakeholder management, compliance, change management and quality.