Bank and Fintech collaboration – three drivers for growth in 2018

"I want it and I want it now" ... not the words of a petulant child, but rather the expectation of ever more demanding banking customers. Both retail and corporate banking clients have upped their demands in today's 24x7 digital world. But banks are often failing to deliver against expectations – to join the dots and provide the tailored, joined-up services customers want. To meet such needs, we can expect to see greater levels of cooperation between banks and Fintechs than ever before. Indeed, PwC's Global Fintech Report 2017 states that some 82% of financial services incumbents plan to increase their collaboration with Fintech companies over the next three to five years.