Fintech Disruption
The slow adoption of fintech in the US is largely due to regulatory barriers and the stronghold of established credit card companies, which have successfully maintained high interchange fees. As digital payment systems gain traction, traditional financial institutions, especially banks, face significant threats to their business models, as fintech platforms offer more efficient and cost-effective services. The conversation highlights the stark contrast between the US and other countries, particularly China, where fintech has flourished in the absence of such entrenched interests.In this clip
From this podcast
The Prof G Pod with Scott Galloway
The Evolution of Money — with Eswar Prasad
Related Questions