Millions of Canadian consumers use the technology to maximize their mobile banking experience—and the banks win, too.

Young FinTechs face a harsh new reality. After years of growth fueled by venture capital, market dynamics have produced three imperatives.

For more than a decade, bankers have mulled the potential of interconnected devices. But where new tech leads, hacking and compliance concerns follow.

Payments, operations and customer outreach will all depend on interconnected devices that talk to each other. How will this change and challenge retail banks?

Institutions with less—whether it’s control over their tech or smaller marketing budgets—can still do more with FinTech if they strategize.

Like banks, FinTechs don’t come alike. But addressing compliance, risk and transparency first can mean synergy now and success later.

Yes, it’s about high tech for community banks. But innovation also needs to address crucial concerns from dealing with regulators to working with core banking vendors.