[Report] The Fintech Effect: Consumer impact and a fairer financial system
Blog post from Plaid
The Fintech Effect: Consumer impact and a fairer financial system` is a landmark survey conducted by Plaid, which reveals that consumers are experiencing significant benefits from using fintech, including improved financial well-being, increased access to the financial ecosystem, and reduced financial stress. The study found that 82% of consumers report getting better results with fintech, saving time and money, increasing their control over their finances, and reducing financial stress. Consumers also reported a median savings of $360 in bank fees and interest, and almost 4 hours per week in time saved. The survey highlights the growing adoption of fintech during the COVID-19 pandemic and its potential to create a more efficient, accessible, and equitable financial system. As fintech becomes the new normal, companies can incorporate these tools to benefit their customers, with innovation and trust being key to success.
No tracked trend matches for this post yet.
Use this post, company, and trend context to find content marketing opportunities, perform competitive analysis, or address product feature gaps via the Plushcap MCP server or the Plushcap API.