#banking #neobanking #fintech #corebanking #digital
Dharmesh and Efi, discuss the limitations of digital banks and those of incumbents. A unique perspective with an emphasis on the UK, which is a crowded neobank market and home to several Big incumbent names.
We also touch on topics like the adoption of new corebanking systems, embedded finance, and the evolving model of digital banks.
Chapters:
The Role of Digital Banks in Recent Bank Failures
Introducing Dharmesh Mistry
The Evolution of Incumbent Banks Due to Neobanks
The Challenges of Achieving Profitability in Digital Banking
The Role of Incumbent Banks in the Digital Banking Landscape
Neobanks Are Using Old Marketing Tricks
The Future of Digital Banking and the Role of Legacy Systems
The Concept of Composable Banking
Personal Insights and Closing Remarks
The conversation was inspired by a recent article by Dharmesh onFintech Futures: `The irony of incumbent core banking vendors`
https://www.fintechfutures.com/2023/1...
https://www.linkedin.com/in/dharmesh-...
Dharmesh Mistry has been digitizing banks for over 30 years. He's worked for tier 1 banks and created and successfully exited 3 startups.
Dharmesh now has a portfolio career as an advisor and investor in startups and as a blogger and writer for FinTech Futures.
