Fully Digital Finance: Neobanks Transform Banking

Speakers

Kris Hansen

Koho

What if all the frustrating aspects of traditional banking went away? That’s the future proposed by founders of neobanks. Neobanks are 100% digital, direct banking platforms that users can access on their phones and computers only.
Users love them. Traditional banks are scrambling to compete. Neobanks inspire cutting-edge innovation across traditional banking, fintech and big tech. Neobanks will shatter the access barrier by offering a user-friendly, always-on financial platform to the underserved, unbanked and underbanked – a staggering 25% of adults worldwide. What does the future of banking look like? Mostly rosy, but there are some important risks and red flags to consider. Neobanking will be a true force in the financial revolution, but not everyone is invited to the party.

Programming descriptions are generated by participants and do not necessarily reflect the opinions of SXSW.

Primary Entry: Platinum Badge, Interactive Badge
Secondary Entry: Music Badge, Film Badge
Format: Panel
Event Type: Session
Level: Advanced