Digital Banking Is Growing Faster Than Ever: Do Traditional Banks Stand A Chance?

  • “In the next three years, it is estimated that visits to bank branches will drop by 36%.
  • Millennials are one of the biggest generations in U.S. history. By 2030, this population is expected to reach 78 million.
  • An eMarketer study this year found that about 48% of millennials would consider moving their accounts to a digital-only institution.
  • With millennials expected to be inheriting $30 trillion from their parents and grandparents”

https://www.google.com/amp/s/www.forbes.com/sites/theyec/2019/08/14/digital-banking-is-growing-faster-than-ever-do-traditional-banks-stand-a-chance/amp/

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