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Decreasing rates of interest and a continuous limelight to the the new technologies like fake intelligence has actually result in a boost in the amount of potential promotion opportunities pertaining to fintechs, Zachary Wasserman, CFO out of Huntington Bancshares said.
The new Columbus, Ohio-built lender and its inner promotion sleeve, Huntington Corporate Opportunities, was seeing “a fairly prominent acceleration out-of going fintech things, and this we come across due to the fact the best thing,” Wasserman told you in the an interview following the bank’s Q3 money advertised Thursday.
“Within our advice, there can be many more chances to spouse here than simply there can be any competitive threat, and therefore it’s a pretty healthy and you can positive have a look at that lots of fintech companies are seeing very good organization applicants,” the guy said.