Robert Ruttmann: Zero Marginal Cost Economics

RFS founder Robert Ruttmann talks about one of the larger challenges facing financial institutions: Zero Marginal Cost Economics.

The costs of offering an additional 'unit' of service is close to zero to banks. The incumbents, however, still charge unsustainable high fees, e.g. for foreign transactions. How should banks react to disruptors such as Revolut, which is aiming to destroy that business?
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Music Intro & Outro: "Come Home" by Declan DP

Видео Robert Ruttmann: Zero Marginal Cost Economics канала RFS