Community

Brilliant and potentially stimulating for all stakeholders - including even the incumbents.  Banking & Financial Services will become reduced to being like products on the shelves of supermarkets ( Tech Platforms) offered by different major players globally dominating the markets.  'Corner shops' and  boutique shops may survive through specialisation and/or differentiation. Product selection for shelf space on platforms becomes a seller risk.  Home brands will then later challenge non-home hosted products. Macro risks appear to be : (i)  that Regulators need to be ahead of Tech developments and regulate sensibly; (ii) sufficient number of Board directors on any Board need to be Tech savvy.