Thanks. By "modern financial technology" do you suppose they're talking about things like on-line banking apps? Because pretty much everyone does that nowadays - so, as you said, "just banks". On the other hand maybe "financial technology" means trying out new practices in borrowing and lending, in which case I'm a lot less sanguine. I'll let them experiment with someone else's money at first.
--- Bob Bridges, robhbrid...@gmail.com, cell 336 382-7313 /* ...if you move, you'll end up like us: surrounded by hundreds of cardboard boxes packed by strangers ... Virtually every box will be labeled with some mutant spelling of the word "miscellaneous." You will not be able to find ANYTHING. For example, I'm pretty sure that, before we moved, we had a seven-month-old daughter. -Dave Barry, Miami Herald 2000-11-05 */ -----Original Message----- From: IBM Mainframe Discussion List <IBM-MAIN@LISTSERV.UA.EDU> On Behalf Of Doug Sent: Friday, April 7, 2023 10:38 Off the net: So-called challenger banks are in most cases small modern retail banks which challenge longer-established institutes by offering modern financial technology and are more focused on the customer. This way they want to “challenge” the old banks. Challenger banks are also called neo banks. So, just banks.... ------ Original Message ------ From: "Bob Bridges" <robhbrid...@gmail.com> Sent: 07-Apr-23 10:35:41 >I've following this thread mostly because I'm bored and it has mild >entertainment value, but I'm handicapped by not knowing what a "challenger >bank" is. Can someone define it? ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to lists...@listserv.ua.edu with the message: INFO IBM-MAIN