Tis’ the Season (to Save): How Fintech is Changing Financial Health

Tis’ the Season (to Save): How Fintech is Changing Financial Health

Given financial health’s broad reach and implications, fintech innovation that addresses financial insecurity is a game-changer for individuals, organizations, and beyond. How is fintech doing it? Here are a few key ways.

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Challenger Banks Revisit Their Model

Challenger Banks Revisit Their Model

Many challenger banks — the small, newly created companies that want to compete with the “big guy” legacy institutions — have taken similar approaches when launching their services. The problem is what they’re offering isn’t enough for their companies to take root among consumers.

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Fintechs Tackle the Retirement Crisis

Fintechs Tackle the Retirement Crisis

The fintech industry has revolutionized and changed many aspects of financial services over the past several years, from lending to student loan refinancing to budgeting to investing. Now there’s a crop of fintechs that have arisen looking to “fix” retirement in America. 

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Tech and the Savings Crisis

Tech and the Savings Crisis

There is a savings crisis in America; half the population has less than $500 in a savings account, and 80 percent of Americans report that they live paycheck to paycheck. Some fintechs have responded to this and successfully lured some deposits away from traditional banks by offering high-yield savings accounts in an attempt to win new business.

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