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Will Fintech Replace Traditional Banking? - Science/Technology - Nairaland

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Will Fintech Replace Traditional Banking? by ayojademi(m): 4:43pm On Mar 12, 2021
Take a moment and think back to the last two decades, and how the banking and finance sector has drastically evolved. Gone are the days when you have to be on queue at the bank’s gate, even before opening hours, to open a new account, withdraw money, transfer money, get a new deposit/withdrawal booklet, etc.

With the emergence of online banking, access to financial services was greatly improved and the need to visit the physical brick-and-mortar bank branches for every little service was drastically reduced. In fairness to the traditional banking industry, it has been relatively quick to adopt new technologies and upgrade its services. After all, doing so is a smart, profitable business move. ...more at https://alabiansolutions.com/blog/will-fintech-replace-traditional-banking/

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