Pandit Calls China Payment Firms' Success Breathtaking

The video discusses the disruption in the banking sector caused by fintech companies, particularly in the payments space. It highlights the rapid growth of Chinese players like Ant Financial and their potential global impact. The video also examines regulatory challenges in different regions, emphasizing the need for adaptation. It predicts a competitive future for banking, with both consolidation and fragmentation, and anticipates significant job losses due to automation and AI.

In what ways do you think the banking industry will evolve in the next 10 to 20 years?

What impact do you foresee from automation and robotics on banking jobs?