I was upset to be unable to join the recent debate in New York on digital banking. The debate was framed around the theme: "This House Believes Fintech Will Eat The Bankers Lunch", and I was going to oppose the motion. It ended up that I was conflicted and had to defer to a far mightier second man, Ron Shevlin.
Ron obviously was a stand-out star of the discussion in that not only did he win the debate with Michal Panowicz as his tag team partner, but he also got a lot of coverage of his rap:
Don't be a fool,
Fintech don't rule.
No doubt they're cool.
But they're just a bank's tool.
Sam’s article in particular resonated as it focused upon Paul Revere’s Midnight Ride alerting the rebellious colonials to the fact that the Brits are Coming. Ron Shevlin likened this to Jamie Dimon’s comments that Fintech is Coming and we know how this ended – the Brits lost, as will Fintech in Ron’s view.