Recently, it was a huge privilege to be able to welcome a major fintech influencer to the Fintech & Payments Club when Spiros Margaris joined us for a Clubhouse discussion. Spiros is a venture capitalist, futurist, keynote speaker and senior advisor who has achieved “The Triple Crown” ranking of No.1 international FinTech, Blockchain and Artificial Intelligence (AI) influencer with Onalytica. I was joined in this discussion about how fintech has developed and where it is going in the future by my co-moderator Darren Franks, the Founder & CEO of TalentintheCloud.
I agree Sophie, I think that the banks have a big opportunity to provide white-label services to other consumer brands. They might need some humility to do that though because they may not get much news coverage for providing those services. I did see articles explaining that Goldman Sachs was providing the services for the Apple card, but when PayPal offered cryptocurrency purchases I didn't see many articles talking about the crypto brokers that managed those accounts.
I agree Sophie, I think that the banks have a big opportunity to provide white-label services to other consumer brands. They might need some humility to do that though because they may not get much news coverage for providing those services. I did see articles explaining that Goldman Sachs was providing the services for the Apple card, but when PayPal offered cryptocurrency purchases I didn't see many articles talking about the crypto brokers that managed those accounts.