Fintech, or financial technology, is reshaping the way we bank. Traditional brick-and-mortar banks are facing stiff competition from digital banks that offer convenience and accessibility like never before. Mobile apps and online platforms have made it easier for consumers to manage their finances, transfer money, and even invest.
These digital banks often come with lower fees and competitive interest rates, attracting a younger generation of tech-savvy customers. They are also agile and responsive, adapting quickly to consumer needs.
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