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Banks vs. Fintechs: Why all the billions in the world can't help Wall Street crush its digital rivals

Por: Business Insider Business January 05, 2023

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The ink had barely dried on the deal when cultural issues started to arise between bank leadership and the startup's executives, said Robert Ruark, a principal at KPMG, a consultancy that worked with the bank on the acquisition. The fintech team found the pace of business at the bank painfully slow and its regulatory burdens heavy, Ruark said. Even the meeting schedule (complete with inordinate time spent on introductions and pleasantries,... + full article



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