Banking Reform: Delivering Stability and Supporting a

Format: Paperback

Language: English

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In the financial services industry, “startup companies are exploiting B2B distribution channels to rapidly reach their target underserved consumer through white label products and innovative partnerships between new and established industry players”. [7] Forces favoring disruptive financial startups include an uncertain economy, uncertainty over regulation, how established financial firms are bogged down in their own infrastructures, how financial supply chains are unwieldy, and that consumers are drawn to digital. [8] Big data and machine learning are creating disruptive financial services companies operating mainly at the low end of the market.

Pages: 79

Publisher: Stationery Office (June 30, 2012)

ISBN: 0101835620

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