Forbes: The Fintech Fast-Follower Fallacy
Ron Shevlin’s OBSERVATIONS FROM THE FINTECH SNARK TANK
If I had a nickel for every bank exec that told me their institution pursues a “fast-follower" strategy when it comes to fintech, I’d be on the Forbes Richest People list.
I'm sure it makes them (and their boards) feel good to say that, but they have misconceptions about the potential value of a fast-follower strategy and what the strategy entails.