Over the past decade, banking has slowly and reluctantly adopted a modern technology stack. Fintech has undeniably modernized the tired, inward-looking industry, but a crucial aspect of the old world remains. The business model on which the banking industry is built, that of fee and float income, stubbornly remains alive.
In this article, Moneycado’s Oliver Mitchell reviews it Why This can no longer be the case and critically analyzes three alternatives …