Fintech.
banks.
digital fintech.
checking account.
Jul 12, 2023
Digital banks and fintechs made up nearly half of all new checking accounts opened so far in 2023, up from 36% in 2020, according to a survey by Cornerstone Advisors.
Banking Dive.
Oct 25, 2022
A sponsoring bank with 1 million consumer accounts, growing at 2% per month, that shares revenue for most revenue sources with a BaaS infrastructure provider would generate roughly $17.2 million in annual noninterest income from providing BaaS, according to a February report by Cornerstone Advisors.
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