Too Long; Didn't Read
Fintech Will Eventually Eat the Banks: Every Company will become a FinTech Company. The distinguishing characteristic of the current period is the appearance of more choices, better products, and lower prices for consumers. One of the main aims is to leverage innovative technologies to change the way financial services are provided to the low-income and unbanked populations. Only 28 percent of the millennial and Gen Z generations trust their banks to be fair and honest, which shows that established banks are not successful enough to provide delightful products to their customers.