Welcome To
The Bottom Line

SRM Perspectives on Key Industry Trends

Defining Decentralized Finance (DeFi) | What It Means for the Future of Banking

Posted by Larry Pruss on Jun 15, 2021 9:30:00 AM

DeFi_Blog_01-1

Traditional financial institutions are facing a new wave of crypto-enabled payments disruptions, and many don’t see it coming. Even so, lending as we know it is about to change.

In a recent post, I stressed the importance of banks and credit unions preparing for rapidly emerging financial technologies like CBDCs (central bank digital currencies) and DeFi. This post will take a closer look at what DeFi means for banking as we know it, and encompasses borrowing, lending, investing, payments, and digital wallets.

Read More

Topics: Fintech Vendor Selection, Decentralized Finance, Lending Consulting

Subscribe to our blog

Recent Posts

Archives

see all

Posts by Topic

see all