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This house believes your next bank will be a GAFA

The Digital Banking Club Live Debate was held on Wednesday 21 March 2018 at the Law Society in London.

The Digital Banking Club Live Debate was held on Wednesday 21 March 2018 at the Law Society in London.

Person holding a credit card and using a laptop

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Date

14th February 2018

ieDigital


Read about the Live Debate and download the opinion paper by Simon Cadbury now.

Discussion points included:

  • Could we ever see a GAFA applying for a Banking Licence?
  • When humans are still more likely to change spouse than bank account, just how real a threat do they pose?
  • Who is better positioned to leverage the opportunities of PSD2 and Open Banking – the banks or the GAFAs?
  • At what point will the financial institutions fully immerse themselves in services such as Whatsapp, Amazon Alexa, Facebook Messenger and Google Maps as a channels of engagement?
  • What parallels be drawn from the rise of Ant Financial and Tencent in the Far East?

Our panel for this debate: 

The debate was chaired by Douglas Blakey, Editor, Retail Banker International and Chair of the Digital Banking Club. Joining Douglas were:

  • Alessandro Hatami, Founder, Forestreet
  • Nick Ogden, Founder, ClearBank
  • Oliwia Berdak, Principal Analyst, Forrester
  • Tom Blomfield, Founder, Monzo
  • Simon Cadbury, Director of Strategy and Marketing, Intelligent Environments

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