The Coronavirus pandemic is proving to be the boost needed for fintechs to gain traction with consumers who have been hesitant to move their finances online. With prolonged social distancing measures and lockdowns around the globe, the world is getting a crash course on why accelerated fintech adoption is necessary.…...
Banks and fintechs need each other more than ever
The coronavirus pandemic has greatly strained financial services providers and even fintechs, despite their digital prowess, have not been immune to the economic downturn. With the exception of some of the largest providers, the vast majority of fintechs don’t have the benefit of mature customer bases to help weather the…...