Former CEO of Barclay’s, Antony Jenkins, has warned the banking community of a coming ‘Kodak moment’ for banks and financial institutions unless they embrace the coming fintech technology revolution.
Speaking of the revolution in fintech that has precipitated the massive growth of cryptocurrencies, Jenkins said, "Now we will see the possibility not necessarily the probability of what we call a 'Kodak moment,' where increasingly banks become irrelevant to their customers.”
Read more: https://cointelegraph.com/news/former-barclays-ceo-warns-banks-of-kodak-moment-pushes-to-embrace-fintech