Fintech vs traditional banking
by SMEBOOK (admin) · June 3, 2020
Fintech has helped traditional banks widen their scope where consumers no more have to visit the bank facility to transact. Consumers can now transact from the ease of their home at any time of the day. Fintech has simplified a lot of banking processes which were otherwise operationally complex.
Considering the increasing popularity and operational efficiency of FinTech, there might be case in near future where FinTech may completely take over brick and mortar banking system.