Will digitalisation transform the financial sector too?
Tölö, Eero (07.06.2016)
Volyymi
90Numero
2/2016Julkaisija
Bank of Finland
2016
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:bof-201606101185Tiivistelmä
Traditional financial participants are facing new competition in the wake of digitalisation. On one hand, major technology giants have begun to provide services designed primarily for payments but partly also for lending, while on the other hand fast-growing fintech startups are out to peck the most delicious titbits off banks’ plates, spurred by feather-light cost structures and new ways of thinking.