#32 What will the banks of the future look like?

The topic of the sixth epi­so­de of the second season of the „Efekt Sie­ci” pod­cast is fin­techs, which are inno­va­ti­ve finan­cial tech­no­lo­gies and plat­forms that offer high-tech finan­cial servi­ces to con­su­mers. They have been gro­wing at a rapid pace recen­tly, influ­en­ced in some way by the coro­na­vi­rus pan­de­mic. It is now possi­ble not only to pay onli­ne, but also to take out a loan, exchan­ge cur­ren­cy or com­pa­re pri­ces betwe­en dif­fe­rent shops. Which way will fin­tech deve­lop­ment be heading?

The epi­so­de­’s expert is Dr Kata­rzy­na Nie­win­ska, head of the Fin­Tech Exe­cu­ti­ve Pro­gram at the Facul­ty of Mana­ge­ment, UW, who answers questions from Dr. Justy­na Pokoj­ska abo­ut:
- thre­ats to banks from advan­ced finan­cial tech­no­lo­gies and the pro­spects of fin­techs repla­cing tra­di­tio­nal ban­king in the near futu­re,
- ele­ments that make us do less and less trans­ac­tions thro­ugh banks and more often click (even uncon­scio­usly) on links to pay­ment plat­forms,
- pro­jec­ted deve­lop­ment direc­tions of fin­techs and insu­re­techs,
- the impact of the digi­tal eco­no­my and the acce­le­ra­ted digi­ta­li­sa­tion encro­aching on vario­us are­as of our lives on the dec­li­ning popu­la­ri­ty of banks,
- the impact of the COVID-19 pan­de­mic on finan­cial mar­ket deve­lop­ment,
- rese­arch results of Polish and fore­ign fin­techs
- local plat­forms such as Blu­eMe­dia and Alle­gro­Pau are other Polish fin­techs that have conqu­ered the world,
- the dif­fi­cul­ties faced by poli­cy makers and users them­se­lves in dealing with the rapid deve­lop­ment of finan­cial tech­no­lo­gies,
- the trans­pa­ren­cy of fin­techs and the­ir public perception.