underrated: open banking + APIs + big tech offering financial services + fintech startups + faster payments + non-bank banking can potential lead to an increased risk of deadly bank runs. so far depositors have been very loyal with their banks (even though there is evidence of deposit displacement h/t Ron Shevlin ). yet technology adoption & digitization is laying the groundwork for more fluidity. government guarantees of deposits is the ultimate stabilizing factor i guess. #banking #payments #financialservices #fintech #openbanking …see more