How financial brands can tackle the fintech disruption

Low Lai Chow

This article explains how financial services brands can protect themselves from fintech disruption by digitally evolving.

Traditional financial institutions and insurance companies are like sleeping giants and it's time for them to wake up to fintech disruption, according to Drew Graham, Director of Fintech Strategy for Standard Chartered Bank.

"They've got to go from minus 10 to 0 because they've been asleep for 30 years," said Graham of the digitization effort required for large companies to be able to handle disruption from fintech upstarts.

"We, as an industry, have to do a lot more… if you look at the industries in retail, media, advertising, communications and transport, they have all been completely destroyed or reinvented by...

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