The new digital age of banking has forced even the biggest legacy banks to get created to keep up engagement with their users. Currently, Chase Bank outperforms other legacy banks, using fintechs to capture nearly 58 million active users. Fintech refers to the integration of technology into offerings by financial services companies in order to improve their use and delivery to consumers. It primarily works by unbundling offerings by such firms and creating new markets for them.
Read more about how Chase competes with other fintechs from the original source.
