Barclays: banking-as-a-platform is the future model

more research emergent showing competition between Fintech startups and incumbents is over, cooperation (and?) is the future. Long form PDF, some thirteen pages but invest the time, you’ll be glad you did.

Comment: cooperation and ACQUISITION. The incumbents got the cash and the startups got the tech and need the cash. The wave of acquisitions we’re seeing is likely to continue for a long time.