In a recent episode of the Dex in the City podcast, industry expert K. Kirkbos criticized legacy banks for stifling innovation across various sectors, including energy, transportation, healthcare, and communications. Kirkbos warned that fintech could be the next target of these traditional financial institutions. Despite these challenges, she expressed confidence that fintech companies will ultimately succeed, emphasizing that customer interests will prevail in the end.
Fintech Faces Challenges from Legacy Banks, But Expected to Prevail
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