You can watch my opinion in an interview with Stephen Wall from The Wealth Mosaic...
#Fintechs and #tech players are aiming at higher ROE segments.
@McKinsey Global #Banking Annual Review 2019: https://t.co/irH6SeY10y #FinTech #WealthTech #RegTech #OpenBanking #ecosystems
I’m just surprised this wasn’t their opening gambit. I can only assume that Facebook’s / @calibra’s strategy is “if we fail fast with the securities basket idea, we’ll pivot to fiat”. Problem is, not sure regulators look kindly on the “fail fast” approach to compliance... #crypto https://t.co/nt36pX4ZeJ