Should banks open the gates or hold the door?
The combination of Covid-19 crisis and low interest rates is a strong incentive for banks to think about new sources of revenue and new ways to answer their customers' changing needs.
Some (actually most of) incumbents partner with FinTechs to pave the way for new business models, benefit from innovative technologies, and inspire themselves from new ways of working. Others are tempted to build walls to protect their assets from these challengers that have the agility and speed they're trying to recover.