Update: Square as a Bank

New York | One of the hot areas to watch in terms of risk and return in the coming year is the steady migration of “fintech” companies into a commercial banking model, in some cases combined with public ownership. We view this trend as a positive development and believe it confirms our view that “fintech” is merely a marketing term and insured depository institutions have a monopoly on payments in the US.

Want to read more?

Subscribe to www.theinstitutionalriskanalyst.com to keep reading this exclusive post.

Subscribe Now