Here’s why fintechs are acquiring banks

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A trend is emerging in the increasingly crowded financial services industry: fintechs are acquiring banks rather than the other way around.   Why? A single word: “Speed,” Richard Rosenthal, principal at consultancy Deloitte, told Bank Automation News.  “For fintechs, buying a bank offers a faster path to a charter than building one from scratch,” Rosenthal […]



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