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FinovateFall 2019 / The Democratization of Financial Services
About This Session:
PANEL: The democratization of financial services, and the future of marketplace banking
Following much talk about rebundling, we’re now seeing real use cases of fintechs offering more, across the full gamut of financial services products. What are the resulting new business models, what are the opportunities for banks in terms of becoming ecosystem players and service providers, and what does this mean for incumbents and Fintechs alike?
When can we expect rebundling to reach critical mass, and what insight can we glean from the steps already being taken to rebundle products?
Will rebundling be driven by incumbents collaborating with startups, or by a broadening of challenger banks’ strategies?
What are the opportunities for banks to become service providers and platforms, and what steps are already being taken by incumbents in this space to move into new offerings?
As products become increasingly available to mass markets, who will emerge victorious in this space, and which players are emerging for you to keep your eye on.
Chair Terry Gore
Director of Financial Services & Fintech, Jobs Ohio
Head of Partnerships, Global Product Partnerships, Google
Director, Digital Financial Products Innovation, Prudential Financial