The document discusses trends in financial technology (fintech) over the next 10 years. It outlines how fintech startups are disrupting the banking industry through better user experiences, transparency, and efficiency. Fintech investments could reduce bank revenues and profits by 40-60% over the decade. New fintech banks are being built from scratch without legacy systems. Large tech companies like Google and Facebook pose a threat by potentially owning the customer relationship. To adapt, banks need to go fully digital, solve issues with younger customers, and partner with fintech companies through acquisition or integration rather than seeing them as competitors. An emerging co-operative ecosystem between banks and fintech is important for survival.