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A May 2022 report by the World Bank, “Fintech and the Future of Finance,” examines the implications of the digital transformation of financial services. The U.S. dominated regional deal share in Q2.
The U.S. dominated regional deal share in Q2.
The U.S. dominated regional deal share in Q2.
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Most respondents believe that consumers prefer to use many financial providers and that digital banks and fintech firms will eventually dominate.
The report included a survey conducted by the World Bank from May 2020 to February 2021 of 330 participants from 109 countries. Respondents included representatives of traditional banks, payment services, insurance companies, and more.
