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Is Banking’s ‘Uber’ Moment Coming?

Is Banking’s ‘Uber’ Moment Coming?

March 8, 2017

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Has banking had its “Uber moment,” or is the industry still waiting?

This was one of the key questions debated by the fintech professionals attending Bank Innovation 2017, currently taking place here.

Uber, for the uninitiated few, sparked a worldwide shift in its industry after its founding. Since then, its reputation has had its ups and downs, but its influence is undeniable.

“Fintech is similar to social media 10 years ago,” said Ruth Polachek, CEO and co-founder of Fincheck, during a panel at Bank Innovation yesterday.

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