Will More Banks Now Embrace Fintech?

It has been fascinating to watch both the banks and fintechs react to the coronavirus; many fintechs have created side projects to better help their customers while there has been little in the way of similar offerings from banks; AltFi reflects on some of the other differences between banks and fintechs including whether banks will start to look more into cloud systems and offering employees laptops; Fintechs on the other hand have had to make less adjustments as they were already prepared to work from home; we may also see more banks finally going away with in person meetings for account openings and opting for digital onboarding; in March 2020, Monzo, PayPal and Barclays were the most downloaded financial apps, up 20% from the year prior. Altfi

  • With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

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