BNY Mellon: Collaboration Between Banks and Fintechs Key to Avoid Client Disintermediation

BNY Mellon | Oct 10, 2022 BNY Mellon, in collaboration with Aite-Novarica Group, today released a report finding that financial institutions (FIs) servicing business clients are being disintermediated by fintech payment providers. But it also found that banks are slowing the trend by partnering with larger banks who have already built connections to fintechs. Survey:

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