1、INDEPENDEN T P U B L I C AT I O N BYRACONTEUR.NEThe French revolution took a while to get going in earnest.After the storming of the Bastille kicked offproceedings in 1789,it was three years before the guillotine entered service.Then things really gathered momentum:Louis XVI lost his palace,then his

2、 head,and Maximilien Robespierres reign of terror ensued until the radical-in-chief got the chop himself in 1794.How safe are the venerable members of the UKs banking establishment from the much-trumpeted fintech revolution?Only a few years ago,the outlook for them was worrying.Upstarts such as Atom

3、,Monzo,Starling and Tandem were aiming not only to compete with them,but to beat them.Even the normally understated Deloitte was warning that the big high-street play-ers would struggle to shrug off this threat to their dominance,as theyd managed to do many times before.In its 2014 research report,B

4、anking Disrupted,the firms bank-ing leader in the UK,Zahir Bokhari,wrote:“Deloitte sees this time as being truly dif-ferent.Banks core competitive advantages over new entrants are being eroded.”07/08/2022#0822Jon Axworthy A journalist specialising in science,technology and the future,with work publi

5、shed in T3,TheAmbient and Wareable.Tim Cooper An award-winning journalist,withbylines in The Guardian,The Spectator and The Telegraph.Marianne Curphey An award-winning financial writer,columnist and blogger whoused to be a staffer with The Guardian and The Times.Nick Easen An award-winning writer an

6、d broadcaster who has covered business,economics and tech forthe BBC,CNN and Time.Ian Fraser A former business editor on TheSunday Times Scotland who covers financial and commercial matters for a wide range of media.Sam Haddad A journalist specialising in travel,with work published in TheGuardian,Th