HSBC and Celent Webinar | Challenging the Status Quo: External Forces Supporting the Rise of Non-Bank Corporate Treasury Services
Join us for the HSBC and Celent live webinar supporting our next report in the HSBC Corporate Insights series, “Challenging the Status Quo: External Forces Supporting the Rise of Non-Bank Financial Services.” In this webinar, Nadine Lagermitte, Global Head of Financial Institutions at HSBC along with Patricia Hines, Senior Analyst with Celent’s Banking practice, discuss the proliferation of financial solutions being marketed to corporate treasury and financial management groups by startup Fintech firms. Contributing to this rapid expansion are four key factors — economic influences, demographic changes, regulatory environment and technology evolution — all playing a part. But with the shifting focus from disruption to collaboration, bankers and Fintech firms are working closely to deliver innovative, cutting edge capabilities to corporate customers.
“Fintechs are unbundling traditional corporate banking services, leveraging emerging technologies to offer new, innovative treasury solutions,” says Hines. “But recognizing that traditional banks have unrivaled experience meeting the complex needs of corporate customers, Fintechs are increasingly shifting their business models from competition to collaboration.”