New Financial Services
summary
Banks evolve rather than die: UniCredit invests €15 million in Banxware to pair legacy distribution with fintech agility, enabling smart banking that mixes video/personal advice with digital channels. Firms build scalable, online embedded lending engines (example: Leando restaurant financing) using AI/machine learning, open APIs and alternative data (telco, platform activity); average ticket is about $50 average loan, repaid in ~3 months across 10,000+ merchants, targeting 3.6 million underserved German small businesses.
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chapters (13)
- 0:00Introduction
- 1:14Future of banks and fintechs
- 4:12Smart banking and digital adaptation
- 6:21Bank-fintech cooperation
- 8:05Embedded lending and business models
- 10:13Hippo Bank’s ecosystem strategy
- 11:16Financial inclusion in emerging markets
- 13:40Small ticket loans and repayments
- 14:42Risk assessment and solvency
- 17:30Alternative data for credit
- 19:19Social impact of finance
- 21:24Banks’ social responsibility
- 22:52Closing