Collaboration between banks and fintechs is the key to survival according to an in-depth survey released today by Temenos
(WorldNews Switzerland)

Regulators shape bank strategies with regulations cited across the top 3 biggest impacts on banking to 2020 Report says 56% of retail banks agree more payments will flow via fintechs than banks by 2020 Although the fear of fintech disruption is decreasing, 73% of respondents express concern for cyber threats increasing with open banking 34% of banks are focusing digital investment in cyber security London, UK - March 22, 2017 With new regulations such as EU`s Second Payment Services Directive (PSD2) and open architecture framework forcing banks to share their customers` transactional data, regulation may well tip the scales between banks and fintechs for customer loyalty. Concessions must be...