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25% of global banks would buy a fintech company

Global Banks Fintechs

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Banks collaborating with fintechs for mutual benefit has long been the preferred narrative when discussing the future of financial services.

But this narrative may soon need to be updated, according to data from a new study by IDC and SAP. While a third of global banks continue to view fintechs as collaborators, nearly a quarter now see them as acquisition targets. The survey also showed that there are notable differences between how banks in different regions feel toward fintechs: read more >>>

Source:: BusinessInsider.Com