January 5, 2018
American Banker
Then and now: Creating a company has become easier and faster with technology, according to Oak HC/FT’s Patricia Kemp. That means bigger brands with more money to spend aren’t necessarily better. “There’s a much greater acceptance from large, corporate, legacy players to utilize a smaller company for something like fraud or compliance or to outsource customer service,” she said. “Ten to 15 years ago, the attitude was ‘go with IBM, you can't go wrong.’ But today there’s a much greater understanding that we should go with a team of 50 engineers in Flatiron.” In this interview, Kemp discusses how fintech overlaps with the healthcare sector, how to use data more effectively and how investing today compares to the early days of her career.
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