Digital Banks and Big Tech Are Starting to Look Similar

Chris Skinner writes in The Finanser that big banks are hiring people from the big tech firms and at the same time sending their executives on courses to learn to code; meanwhile big tech firms are looking to hire bankers who can help explain payments and credit and how profit is made from banking products; he predicts that within 25 years big tech firms and banks will look and operate in basically the same way. Source.

Peter Renton is the chairman and co-founder of LendIt Fintech, the world’s first and largest digital media and events company focused on fintech.

LendIt Fintech conducts three conferences a year for the leading fintech markets of the USA, Europe, and Latin America. LendIt also provides cutting-edge content all year long via audio, video, and written channels.

Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series.

Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.

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