The Rise of Fintech and Banking Disruption

Banks Confront the Innovator’s Dilemma in Microfinance

American Banker Interview

Eugene Danilkis, CEO of Mambu, discusses banks’ efforts to finance small and medium-size enterprises in developing countries, either indirectly (by funding microfinance organizations) or directly (by creating special lending subsidiaries unencumbered by legacy processes) with Marc Hochstein of American Banker

He also explains how microfinance has moved beyond old stereotypes of lending to “basket weavers and fruit sellers”; why banks should heed Bill Gates’ financial-inclusion message; and what the U.S. can learn from London about financial innovation.

You can watch the full video here.