Banks Warm To Fintech Startups But Not Bitcoin

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banks-warm-up-to-fintech-but-not-bitcoinOver the past few months, it has become apparent banks will need to work together with startups. Instead of opposing innovation and new ideas, most financial institutions are now opening incubators and accelerators. All of this will create a direct line of communication between banks and disruptive startups. But will we ever see such a collaboration for Bitcoin companies?

Embracing And Guiding Startups As Equals

The tone among financial players has shifted from borderline ignorant to showing an appetite for innovation. Nearly every major bank is sponsoring hackathons or building up their own accelerator to foster innovation. Particularly fintech startups are getting a lot of positive attention as of late, despite being opposed for quite some time.

Collaboration is always the better option on the table, as it brings much-needed innovation to the table. At the same

Read more ... source: TheBitcoinNews

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