Banks and Fintechs Struggle to Find ROI on Partnerships

According to Capgemini and Efma’s World FinTech Report 2020 six percent of global banks and more than fifty percent of fintechs have yet to find the return on investment from partnerships; process barriers and legacy technology have been two of the biggest issues facing partners; seventy percent of fintechs say process barriers are their biggest frustration and only twenty one percent of banks say their technology is nimble enough to work with fintechs; the report recommends that fintechs still try to partner with banks to help reach a wider customer base and gain a greater degree of trust; choosing the right partner is the key because if the partnership is not a match then both companies will waste precious resources. Business Insider

  • Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

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