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Fintech in Retail PDF

24 Pages·2020·English
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by ['santosh kumar']| 2020| 24 pages| English

About Fintech in Retail

This document discusses the adoption of fintech in the UK. It finds that while 19% of UK consumers now use fintech brands, 99% of fintech users still have traditional banks and only 15% consider fintech their main account. The top reasons for keeping traditional banks are habit, inertia, and perceived offering. However, two-thirds of fintech users intend to close their traditional bank account in the coming years. As barriers to fintech fade, demand for digital innovation at traditional banks will likely grow. The document is based on surveys of 4,000 UK consumers and 500 digital banking users to understand perspectives on banking and fintech adoption.

Detailed Information

Author:['santosh kumar']
Publication Year:2020
Pages:24
Language:English
Format:PDF
Price:FREE
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