Nick Roussanov of the Wharton School discussed the success of fintech start-ups in the wake of the Great Recession. “To the extent banks want to compete for market share, they’re going for online banking and shrinking brick-and-mortar,” said Roussanov. “People are just not going to the bank.”
https://www.cnbc.com/2018/09/14/a-new-generation-puts-its-trust-in-tech-over-traditional-banks.html CNBC