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Crystal Ball 2030: Sila CEO Shamir Karkal on the Future of Finance

Barefoot Innovation Podcast

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Is There a Trend in Small Banks?

A lot of small banks will just end up, like, going out of business. I think the trend is consolidation. We've been seeing the numbers of small banks decrease. The future models that succeed in this pace are all digital, on line, smart phone base, obystrit oh. But so you cana. Have to get there, and you can like an emergers and scaling may kick the can down the road. Two, three, five, seven, ten years, maybe but the world of the 20 forties is not going back to the ninetie or nineties either.

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