Bank's Fintech Playbook

This was a very useful overview of the current nexus between banking and Fintech today - what might tomorrow look like ???

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Howard Gould
Board Member
Western Alliance Bank
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Original Message:
Sent: 05-28-2018 11:13
From: Steve Kinner
Subject: Bank's Fintech Playbook

You might be interested in this insightful presentation on "Banks in Fintech" (attached) - it's a comprehensive, data-driven look at how major banks have approached fintech investments and challenging areas they are focusing on in 2018.

Some slides I wanted to highlight:

• Broader investment themes (Slide 26)
• S. banks slowed down fintech investing last year (Slide 28)
• Blockchain not a major focus for most major U.S. banks (Slide 34)
• Only 20% of top banks acquire fintech startups (Slide 40)
• Goldman's Marcus is the fastest lender to reach $1 Billion issued (Slide 43)
• Key acquisitions like JP Morgan's acquisition of WePay (Slide 45)
• Is Zelle really a "Venmo-killer"? (Slide 46)
• Large banks sharpening focus on wealth managment (Slide 48)
• The bank of Amazon (Slide 55)

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Steve Kinner
Promontory Interfinancial Network
Arlington VA
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