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Why are Digital Banks and Fintechs Dominating New Checking Accounts?
Manage episode 415321948 series 3571317
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On this episode, Ron Shevlin sits down with fintech analyst Alex Johnson to deep dive on why fintechs like Chime and Square captured nearly half of all new checking accounts in 2023. They explore the generational shifts towards fintech, whether niche players will survive, and if rate hikes can win back younger consumers. Unpacking the future of the checking account, they analyze the challenges digital upstarts face to retain and expand customer relationships over time. Get the data-driven insights on the tectonic shifts in consumer finance reshaping banking.Subscribe to What's Going On In Banking and stay informed on the latest in fintech and banking breaking news.
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