Markets, Fintech, And ETFs (Podcast)
Bloomberg Intelligence
00:00
Banks Getting Disintermediated a Little Bit
The pendemic, as you mention, has been probably the largest and biggest digital transformation excelerant for panuts. Now we're seeing 60 % of the consumers are using their bank mobila regularly,. at verses visiting a bank's physical branch - which is only 19%. How do banks feel about that? I think they feel pretty good because the cost of operating a physical branch is re high.
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