Making Fintech Fit — Banks Weigh Risks, Rewards of Fintech

Subscriber Content
Screenshot of the first page of Making Fintech Fit — Banks Weigh Risks,Rewards of Fintech
By
Ed Page, Protiviti Managing Director

Forward-thinking banks are acquiring and partnering with fintech firms to survive and thrive in an increasingly tech-enabled marketplace. Equally significant are the challenges associated with this evolving strategy as banks grapple with how to incorporate fintech into their legacy system-dominated ecosystems. Banks are challenged to simultaneously make their systems more permeable (easily accessed and integrated), more customer-centric, more stable and more secure to pave the way for fintech integration. It is important to remember that the introduction of third parties into the ecosystem can result in heightened need to monitor and manage third-party risk.

Free Trial

Sign up for a free, no-obligation trial to start exploring our timesaving, valuable resources.