3 Ways How FinTech Is Changing the Banking Industry

February 23, 2017 / GuidesFor Team

The value of e-goods being transferred in the online retail market is $750 billion and growing. This is a trend that the banking industry obviously cannot ignore. However, not all of them are prepared to switch to digital mode. This is where FinTech startups can help banks cope with the explosive growth of technology and how it is addressing the needs of the consumer or account holder. While FinTech is disruptive, it does not necessarily have to be the competitor of the banking establishments. This article gives three ways how Fintech is helping the latter cope with technological change, and how it is helping their target publics. Read on for more. – Cora Llamas

Read the source article at Knowledge Group

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