• FinTech threat perception: Neo-banks like Revolut remain a continuous competitive threat that traditional banks must proactively monitor and address, though they do not pose an existential threat.
• Regulatory compliance impact: FinTechs have seen their disruptive impact limited by regulators mandating that entities operating inside the regulatory framework adhere to the same compliance and technology infrastructure standards as banks.
• FinTech partnerships: Banks are actively collaborating and partnering with FinTech firms to jointly serve customers across areas they cannot address alone, viewing ongoing FinTech competition as a positive driver of operational discipline.