• Banking

  • Oct 31 2018
  • Length: 25 mins
  • Podcast

Banking

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  • Summary

  • A global patchwork of financial institutions has long handled the funds of big corporations. But those big corporate customers are losing patience with the banks, especially as they see consumer payment apps such as Alipay or Venmo make moving money look so easy. That's putting pressure on lenders to overhaul their corporate-payments systems or risk losing their grip on a lucrative business. Bloomberg’s Jennifer Surane reports from the streets of New York, and then sits down with Stephanie and Bloomberg Opinion writer Lionel Laurent to discuss the future of banking and FinTech.

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