List: Does business come first for vendors or is support a kindness?
Technology vendors have long pushed into markets and created waves of disruption that threaten to overwhelm the inhabitants.
The financial services industry is one of the areas that is facing a constant tidal wave of new technologies, but it is also facing an onslaught from fintech companies that are using the tech to effectively undercut banks with customer focused services.
Technology has played an important role in the disruption of financial services and vendors have been proactive in providing a significant amount of support to the fintech start-ups.
CBR highlights five vendors that are helping to nurture fintech talent.
IBM has a long history of backing technology initiatives such as Linux, OpenStack and others, and now the company is supporting fintechs through things like the ING FinTech Village.
As one of the partners of the programme, which essentially aims to help train and mentor fintechs, IBM provides its own expertise to help nurture the next generation of disruptive companies.
Big Blue has also partnered with Deutsche Bank with its innovation lab for financial technology start-ups in Silicon Valley.
In addition to this the company has opened up a number of Bluemix Garages around the world, including London. The Garages have various different functions but one of them is to help accelerate the design and development of blockchain applications.