The rise of digital-only providers

Digital Reinvention
08/02/2024 Video
profile picture of Hubert Petka

Hubert Petka

RFI Global

Global Head of Consumer, Digital and Segment for data-driven strategic insights provider

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.

Want to keep reading?

Create a web account to get access to more insights

Related news & insights

Mobility
28/02/2024 News

inDrive introduces financial services for drivers

This offering provides cash loans to drivers in Mexico operating on the platform, aiming to address the financial exclusion faced...

Digital Reinvention
28/02/2024 News

Klarna's AI assistant transforms customer service landscape

Klarna's recent unveiling of its AI assistant, powered by OpenAI, has already made significant waves in the customer service realm.

SME Banking
28/02/2024 News

Klarpay introduces tailored entrepreneur accounts

Klarpay has unveiled its latest financial offering: Entrepreneur Accounts, designed specifically for Business Founders, UBOs, and Senior Management members already...

Digital Reinvention
27/02/2024 News

BNP Paribas and Orange finalize agreement to take over Orange Bank customers

Orange and BNP Paribas have finalized agreements after exclusive negotiations initiated in June 2023. The collaboration aims to bolster services...

Digital Reinvention
27/02/2024 Article

TMBThanachart Bank enhances data infrastructure with all-flash solution

Following the merger, TMBThanachart Bank sought a high-performance storage solution to manage expanding data volumes efficiently. Huawei, a new IT...

Open Finance
27/02/2024 News

Catapult: FundTech 360° by The LHoFT Foundation to boost fintech innovation in Luxembourg's fund sector

This initiative aims to bolster Luxembourg's standing as a global fintech leader, focusing on enhancing the fund sector's governance, cybersecurity,...

Digital Reinvention
27/02/2024 News

Cash on call: CaixaBank and Correos partner for convenient delivery service

Exclusively available to CaixaBank clients, this innovative offering allows individuals to request cash deliveries ranging from 60 to 500 euros...

SME Banking
26/02/2024 News

Ozan teams up with Fingate.io to offer instant shopping loans

Ozan Electronic Money Institution (EMI) has partnered with Fingate.io to introduce "Ozan Kolay Kredi" (Easy Loans), an innovative product aimed...