During the webinar, Aite-Novarica Group Strategic Advisor Gilles Ubaghs provided a snapshot overview of the implications and likely fallout from the current issues facing the global banking market after the collapse of Silicon Valley Bank and other players.
While the causes of the current issues are multi-faceted and new challenges arising seemingly daily, this moment increasingly looks like a turning point for financial institutions (FIs) and fintechs with implications for the near and long term. Rather than focus on what happened, this session will focus on what happens next and what this means for bank treasury teams and the broader fintech landscape.
This session included discussion of growing deposits, onboarding, the impact on crypto, bank fintech partnerships, and the growing demand for market reassurance and accountability.