When you walk into a bank’s physical branch, how many millennials can you seen swarming the counters? Probably none. Gen Y is also becoming an endangered species in traditional financial outlets. These tech-savvy customers tend to gravitate towards mobile and phone applications for most of their [...]
Traditional banks can leverage fintech collaborations to end the onslaught of challenger banks. Here's a look at how that combination can elevate customer experience - the number one factor for brand loyalty.
A few years ago, FinTech firms like PayPal and PayTM were giving banks the chills. Industry experts believed that FinTech startups would disrupt the traditional banking system. The zeitgeist has evolved; pundits now foresee a symbiotic partnership between these two players. In a global FinTech report [...]
Last month, Instagram announced its entry into financial services with plans for a “checkout” feature on the app. However, it’s not the first social media platform to foray into Fintech. Others like Facebook and Snapchat already offer money transfer options. With this development, social media platforms [...]