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70% of bankers see fintech making significant impact on banking

By Benzinga
FinTech

 

A new survey of bankers and Fintech executives highlighted the impact that Fintech is having on the banking world.

Nearly three out of every four bankers foresee some form of major disruption from Fintech.
Fintech executives expect the deposits and small business loan segments to be most impacted.

 

The Fintech revolution has grown rapidly in recent years, and it appears as if it will not be going away anytime soon.

How much of a threat does Fintech pose to traditional banks? A new survey of 100 Fintech executives and 100 senior bankers conducted by the Economist Intelligence Unit (EIU) and sponsored by Hewlett Packard Enterprise shed some light on where Fintech is headed and if big banks should be worried.

Here’s a look at some of the key findings from the ...

Full story available on Benzinga.com

Photo: FamZoo staff

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