It looks like Big Banks are finally waking up to the realities of the Fintech Revolution. Better late than sorry.
During a panel discussion at LendIt Europe in London this week, representatives from leading incumbent lenders Lloyds Banking Group (LBG), ING, BBVA, HSBC, and Barclays discussed several fundamental changes their organizations will have to make to keep pace with an increasingly digitized and interconnected economy.
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