Class 8: Challenger Banks

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Lecture Slides

This resource may not render correctly in a screen reader.Class 8 Lecture Slides: Challenger Banks (PDF - 1.2MB)

Readings

Required Readings

'The Challenger Banks That Threaten to Disrupt Financial Institutions' Bill Streeter, The Financial Brand (February 18, 2020)

'Dawn of The Neobank: The Fintechs Trying to Kill the Corner Bank' Jeff Kauflin, Forbes (November 4, 2019)

'2020 will be a challenging year for challenger banks' Romain Dillet, TechCrunch (January 4, 2020)

Optional Reading

'10 Best Challenger Banks in The World' Crypterium

Study Questions/Issues to Prepare

  1. What are Challenger Banks or Neobanks?
  2. What gaps or "pain points" in traditional banking might Challenger Banks be addressing? What challenges face these new banks?
  3. How might Challenger or Neobanks affect the banking landscape?