In the News

A strategy for scalable FI innovation

Written by Isabelle Castro Margaroli | Jul 12, 2023 12:24:00 AM

Banks have, for some time, seen a drain on consumer deposits, and it seems that fintechs are making up the difference. A new report by Cornerstone Advisors found that so far this year, fintechs have managed to capture 47% of new checking account openings.