What the FinTech? | S.3 Episode 12 | Tackling the challenges for challenger banks
In this episode of the What the Fintech? podcast, we’re joined by Kim Symmons, head of design at UK business bank Mettle, to discuss how new challenger banks can continue to compete with traditional FIs as the latter ramp up their transition to digital. Kim and FinTech Futures editor Paul Hindle kick off by discussing the recent news that former Chancellor Lord Philip Hammond has reportedly been appointed to the advisory board of the provisionally named Fintech Growth fund, a £1bn venture to invest in financial technology start-ups. For the Q&A section, the discussion covers the different factors that can come into play when it comes to customers choosing their banks and how new firms can stand up and be noticed, as well as what the future of digital transformation looks like for retail and business banking. And finally, we find out what fintech buzzword Kim wants to cast into our Fintech Jail!