Hubert Petka, Global Head of Consumer, Digital, and Segment for data-driven strategic insights provider at RFI Global, shared the results of an international research on fintechs that shows traditional banks are increasingly threatened by digital players.
More and more consumers are conducting their financial transactions online. At the same time, while they tend to trust traditional banks to manage their money, they are becoming less reluctant to use the services of fintechs. This is likely a turning point.
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