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Banks Will Only Slow Fintech Innovation if They Partner Rather Than Acquire, Hyperwallet Says

December 14, 2017

EXCLUSIVE—Should banks acquire or partner with smaller, more agile fintechs?

Well, that depends if the end goal of the bank is to further financial innovation, Derrick Walton, EVP of global financial networks for Hyperwallet, told Bank Innovation.

“There’s a difference in culture, in what the goals tend to be,” Walton said, who is responsible for working with emerging companies and networks in the space for Hyperwallet, which provides global payment solutions around the globe.

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