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There are numerous debates about the changes that Fintech is imbuing in the banking ecosystem and how it poses a serious challenge to the functioning of traditional banks. However, in spite of technological advances, the value that traditional banking imparts is not going to ebb away soon. Although traditional banks aren’t perfect, it nonetheless is an indispensable part of the society, employing nearly 20 million individuals and handling billions of transaction on a daily basis. Asides, with the current capital and the cash flow that traditional banks have, it is more equipped to lend money to individuals or new ventures, startups, and SMEs.