EPISODE · Jul 19, 2023 · 24 MIN
Why are Digital Banks and Fintechs Dominating New Checking Accounts?
from What's Going On In Banking · host Ron Shevlin / Alex Johnson
On this episode, Ron Shevlin sits down with fintech analyst Alex Johnson to deep dive on why fintechs like Chime and Square captured nearly half of all new checking accounts in 2023. They explore the generational shifts towards fintech, whether niche players will survive, and if rate hikes can win back younger consumers. Unpacking the future of the checking account, they analyze the challenges digital upstarts face to retain and expand customer relationships over time. Get the data-driven insights on the tectonic shifts in consumer finance reshaping banking.Subscribe to What's Going On In Banking and stay informed on the latest in fintech and banking breaking news.Send us Fan MailSubscribe to the What's Going On In Banking podcast here:https://qrco.de/bgfV82
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What this episode covers
On this episode, Ron Shevlin sits down with fintech analyst Alex Johnson to deep dive on why fintechs like Chime and Square captured nearly half of all new checking accounts in 2023. They explore the generational shifts towards fintech, whether niche players will survive, and if rate hikes can win back younger consumers. Unpacking the future of the checking account, they analyze the challenges digital upstarts face to retain and expand customer relationships over time. Get the data-driven ins...
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Why are Digital Banks and Fintechs Dominating New Checking Accounts?
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