What are some of the challenges facing financial institutions today, considering the changing technology ecosystem?

When answering this question, consider the topics we have discussed and think about these 4 C's:

Connections: What connections do you draw between the material and other concepts you have read about, observed, or experienced. Challenge: Are there any ideas, notions or assumptions you would challenge or argue for/against? Concepts: Are there any specific concepts that stick out to you, that you think are particularly important? Changes: What changes in attitudes, thinking, or action are suggested by the material thus far, for banks, FinTech users, or you as a student?

Write approximately 150 to 200 words