Two years ago, I attended a seminar where more tales of woe for banks were being predicted at the hands of ‘fintech upstarts’. The sector was ripe for disruption, especially those ‘fat cat’ bankers who were too complacent to see it all coming. I wondered if I should be feeling happy, because Silicon Valley Bank was working with so many of these upstarts, or sad that all banks were about to be bypassed, undercut, destroyed or simply rendered irrelevant.
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