Will the ATM survive? Bankers explain how technology is changing their work

Is the future of banking fin tech or tech fin? Will technology follow banking, or the other way round? Top bankers discuss at Business Standard's Annual Banking Forum.

Is the future of banking fin tech or tech fin? Will technology follow banking, or the other way round? A panel of six top bankers discussed this at Business Standard’s Annual Banking Forum debated in Mumbai on Thursday.

Business Standard's consulting editor Tamal Bandyopadhyay, who moderated the debate, said tech-fin companies are nimble and innovative with finances compared—they are disruptive but they are not necessarily banks. Fin-tech companies, in contrast, have the experience and infrastructure to manage finances, but they are waking up to the disruption created by technology.

The work banks do will change because of technology and they