"Fintech can enable billion people to be more productive and it can act as a GDP multiplier," states Samant Sikka, Chief Dreamer and founder, Sqrrl at the panel discussion on 'Banks & Fintech - Scope and Opportunities for Collaboration' at the BW Businessworld Fintech Summit 2017. He further explains about the losses suffered by banks and financial institutions throughout history. The customers today have started enabling their trust in these financial institutions and are happy to partner with new age institutions to transform banking.