The coronavirus pandemic is driving up user growth among digital-only banks, but it has also ratcheted up long-standing pressures on them. Neobanks are facing increasing pressure to monetize as lockdowns have swept through the US, the UK, and Canada.Meanwhile, incumbent banks' digital brands, known as direct banks, are dealing with competitive demands on the digitization front to retain market share against tech-savvy neobanks.
Digital-only bank account holder numbers will increase across the US, UK, and Canada during the forecast period — the steepest increase will be for the US at a compound annual growth rate of 19.8%, versus 12.7% in the UK and 9.8% in Canada. Chime will boast the highest number of account holders among US digital-only banks by the end of 2024, with 9.5 million. In the UK, Monzo will claim the top spot with 4.0 million account holders in the same period.Gives an overview of the key trends we expect to see across digital-only bank account holder numbers in the US, UK, and Canada — and the key international factors we expect to influence these trends.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
A tour inside a 3D-printed home that took one week to build - Business InsiderThis company is building 3-D printed, small homes on existing residential properties to fight back against California's housing shortage. Look inside a unit that was move-in ready in one week.
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »
Inside Trump's relationship with multi-level marketing company ACN - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Can't make this shit up. Just read your hit piece on the laptop. 'Conservative Tabloid', 'Trumps personal Lawyer', 'Trumps handpicked DNI', Ron Johnson, Staunch Trump Ally'....paint that narrative. FBI says nothing to add. The laptop is real. Hunter even signed for the drop off. The media is scary.
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »
5 digital solutions that can transform and elevate your business during the pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Entrepreneur good
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »
Snap stock soars after the Snapchat owner smashes profit and user-growth forecasts - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »
Key takeaways from eMarketer's enterprise collaboration tools forecast - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »
PITCH DECK: Insha raises $3 million for ethical banking - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »