FinTech Partnerships Pave Path for Branchless Banking

“PYMNTS’ own studies show that a majority of consumers love digital banking features and are happy using digital banks and FinTechs. But fewer than 10% use them as their primary account.
‘It’s embedded banking in multiple places and digital experiences and throughout the customers’ daily lives,’ she said, to which Nowicki observed about the rise of the digital bank: ‘It’s not necessarily reinventing the wheel, it’s reinventing the user experience.’”