# Why Fintech Start-ups Think They Can Beat The Banks

From **_Chris Skinner’s Blog_**  
[Link to Article](https://thefinanser.com/2017/07/fintech-start-ups-think-can-beat-banks.html/)

Vments is positioning the banks to be able to leverage our new core VFM and Smart Transactions and follow a roadmap that will enable them to compete as well as partner with Fintech players through open banking APIs and the network effect of the ecosystem they can all co-exist around.

Vments also allows these banks to reach unbanked and underbanked customers that Fintech companies have been primarily enabling financial services that they could not get from the banks.

[Stefan Killen](/content/news?author=58666c14cd0f680962290488/index.html) July 22, 2017[Finance](/content/news/tag/Finance/index.html), [FI Competition](/content/news/tag/FI+Competition/index.html), [Ecosystem Network](/content/news/tag/Ecosystem+Network/index.html), [BankingCore](/content/news/tag/BankingCore/index.html), [OpenAPIs](/content/news/tag/OpenAPIs/index.html), [Roadmap](/content/news/tag/Roadmap/index.html)