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Three Types of Disruptors Banks Need to Watch

May 16, 2014
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All are examples of mainstream banks turning to tech entrepreneurs, even disruptors, to help them better compete in the digital age. As banks look to modernize their designs and customer experiences, they are buying, poaching talent from, or working with digital-first companies that are perceived to be more in touch with consumer demands. Their challenge, of course, is figuring out which technologies have the most promise, or might pose the biggest threat to their business models. If they see the threats as legitimate, their next decision is whether to try to beat the upstarts or team up with them.