Payment methods: Are FinTechs a real threat to banks?
FinTechs such as Bankin and Linxo create relations with their clients that enable customers to bypass banks, by proposing account aggregation and budget management services. With a new European directive on payment services in the pipeline, such companies will be able to go even further.
According to the first edition of the World FinTech Report, published by Capgemini and LinkedIn in partnership
with Efma, half of the world's bank clients use products or
services offered by at least one Finance Technology ("FinTech")