Read the Scotiabank case study (see HBS Coursepack) and answer the following questions with substantive answers in a cohesive essay. Your paper should be at least 3 pages in length. Use proper grammar, spelling, citations, etc.
- What are the success factors in the Scotiabank-Kabbage partnership?
- Under what conditions is the same model applicable?When will the Scotiabank-Kabbage model not work?
- Under what circumstances should Scotiabank seek fintech partnerships?
- Identify a sector (e.g., international payments, blockchain, lending or wealth management) and a geographic market where a fintech partnership would create value for Scotiabank, and explain why.
5.Based on your answer to question 4, what recommendations would you make to Scotiabank’s executives for a three-year plan, choice of partner, reason for the partnership, and suggested procedure (i.e.,what partnership model to follow)? - What challengers is Scotiabank facing in the blockchain sector? What are the implications for the bank’s blockchain partnership strategy?
Sample Solution