Tuesday 17, October 2017 by

S&P: Is fintech as a disruptor for GCC banks?

S&P Global Ratings believes that financial technology (fintech) could reduce the profitability of some business lines of Gulf Cooperation Council (GCC) banks and change the way they operate over time, according to a report published today titled The Future Of Banking: Could Fintech Disrupt Gulf Cooperation Council Banks' Business Models?.