3 21 September 2015 9,412 1 comment
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Anthony Thomson, Chairman of Atom Bank, outlines the issues that traditional banks face today and the complications involved in setting up a challenger bank, like obtaining a licence and sourcing funding.
A Finextra member
22 September 2015
Legacy Real Estate, legacy locations, lack of trust, lack of connect, legacy IT, legacy bad debt, et al. Traditional banks seem to be beset with problems ! No wonder banks like Atom are springing up to fill in the need gaps and act as a savoiur for the need-to-bank masses. Having founded and chaired Metro Bank, this gentleman seems to have the perfect credentials to takle Atom Bank places !
I do not wish to sound cheeky or disrespectful, but it's funny how most entrepreneurs are like farmers; after a good crop of potatoes, they don't sit back but start to wonder which will be a good fit - lettuce or spinach ?
Thank God for such restless farmers :-)
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