4min chapter

CNBC Tech: Beyond The Valley cover image

FinTech has transformed the way we pay, bank and invest. What’s next?

CNBC Tech: Beyond The Valley

CHAPTER

Evolution of Digital Banking and Competition Between Traditional Banks and Neobanks

The chapter explores the advancements in digital banking and the rivalry between traditional banks and neobanks, emphasizing the role of technology in meeting consumer demands. It also discusses the challenges faced by neobanks in attracting customers and how individuals are balancing the use of both traditional and fintech banks for their financial needs.

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