Money, scouts and speed dating: banks fight for technology edge

Hoping to link with tech entrepreneurs and get ahead of a wave of digital innovation, Europe's top banks are setting up multi-million dollar investment funds, hiring scouts in Silicon Valley and hosting "speed dating" sessions. Financial technology, or fintech, is shaking up the sector, allowing savers and borrowers to bypass traditional banks with smartphone apps and websites for loans ...

http://news.yahoo.com/money-scouts-speed-dating-banks-fight-technology-edge-125355274--sector.html

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