The king of the jungle

Author: | Published: 28 Aug 2018

It has been years in the making. Traditional banking institutions have been fending off the threat of self-made start-up fintech organisations since the concept of fintech first made its way into our vernacular.

The fear was that one, or several, of these tiny upstarts would wade their way into the financial services industry and render many of the existing processes redundant. It wasn't that an already established retail giant would muscle its way in and take another enormous step in its masterplan to take over the world.

That threat, of course, is Amazon and Jeff Bezos, the undisputed king of the online jungle.

It isn't a new...