Are online apps, technology gimmicks, along with easy real time access to data, a winning formula in the retail finance markets?
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FinTech and challenger banks rapidly changing financial landscape
Newcomers in the UK financial services sector are eating into the market share of traditional banks at an unprecedented rate, according to a new study. While banks have long tended to shrug off threats from FinTech up-starts, research has found that FinTechs in particular are forging a quiet revolution in the banking industry.