The Currency’s Economic Columnist Constantin Gurdgiev. Photo: Bryan Meade

"

Creative destruction and consumer credit: A Fintech song for the Irish banks

Irish banks should embrace the trend toward higher degree of automation in management of clients' services and accounts, opening up the sector to fintech solutions rather than waiting for them to eat the banks' lunch.

7th Jan, 2020 - 7 min read

Two interesting and interconnected, at deeper level, headlines of the holidays’ season have caught my attention.

Households, credit cards and the banks

The first one came courtesy of the Washington Post. Titled “Americans’ near-record levels of credit card debt is helping bolster banking industry”, the article collated data from the top US...

© 2020 Currency Media Limited