Having based its entire marketing strategy on rubbishing banks and pointing out how unnecessary they are, Transferwise, the ‘bank disruptor’, is now getting into bed with the banks. Here’s the FT this week:That's the opening from FT Alphaville's "Transferwise vs the banks" and I did not see it coming.
TransferWise is in talks with several UK banks...
We are dealing with folks who will say anything they think will get them the money they crave and don't realize or don't care how stupid or dishonest they appear.
Which could also be a working definition of a lot of the so-called disruptive technology I've had to look at this year.