Financial Institutions or Big Tech: Who Wins?
The boundaries between Big Tech and finance are blurring. Non-traditional players such as Google, Amazon, Walmart, and Apple are increasingly invading financial services turf. As this push proliferates, will they soon dominate and become the face of financial services as financial institutions become a shadow of themselves? Or will traditional FIs maintain their dominance? Perhaps they are just too cemented to be displaced? Speakers in this session debate these questions as they look towards the future of banking and financial services look like in 10-20 years.