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Hi 5! The top five fintech stories we’re following today
- Banks keep customers but silently lose their business.
- The future of fintech impacts stock exchanges, payments, lending, and core banking.

Ecommerce moves from products to subscriptions
When you peel back the covers to take a look into some of the world's top product companies like GM, it's likely that they're thinking about their future businesses entirely differently. New data shows that subscription-based companies are growing nine times faster than those in the S&P 500.
Zuora enables firms to transition their businesses to subscription services, away from products. Companies like NCR and Informatica work with the tech company to do way more than just process recurring payments.
Banks are losing the battle to get more business from existing customers. Bank customers clearly display a lack of loyalty to their primary bank. In the U.S., less than half the time do they new financial products from their primary bank.
The U.S. head of Bain’s banking practice joins Tradestreaming to discuss what banks can do to counter hidden defections.
- Read more: Subscriptions could be part of Daimler's strategy -- it just acquired a bitcoin payment company and plans to launch Mercedes Pay
- Read more: Not all opportunities in insurtech have to do with health insurance. Some experts believe there's a trillion dollar opportunity in...solar insurance?
- Wells Fargo Digital Lab offers a front-row seat to the future of banking (Finextra)
- Where a leading VC still sees fintech opportunities (TechCrunch)
- Deutsche Bourse turns to fintech partners to build 'Exchange 4.0' (Fintextra)
- Online student lender CommonBond's CEO offers 5 fintech predictions for 2017 (TechCrunch)
