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FinTech Pulse

Data-driven business models are key to banks' survival

The call for retail banks to reinvent their business models has never been more urgent. On one hand, banks are challenged by shrinking revenues and struggle with achieving operational cost efficiencies. On the other, they must face the rising threat of FinTech startups that are attacking their core businesses, with the likes of Lending Club, Funding Circle, TransferWise and Venmo quickly becoming household names.

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Topics: FinTech, Card-Linked Offers, Digital Transformation, Big Data, digital money management, FinTech Race

Author: Artak Vardanyan, Product Marketing Manager on Oct 28, 2015

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