In a 2018 survey, 21 percent of the American FinTech application users said that they were very uncomfortable sharing data containing their bank account balances and transaction history. As for sharing loan or investment information and history, 16 percent of users said they were very uncomfortable agreeing to that.
Share of FinTech application users who feel comfortable sharing data on the financial information and history in the United States in 2018
This question was phrased by the source as follows: "how comfortable would you be with sharing the following personally identifiable information with non-bank financial applications you have used in the past year. To what extent are you comfortable with non-bank financial applications you have used in the past year accessing these things?"
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Bank Policy Institute. (October 4, 2018). Share of FinTech application users who feel comfortable sharing data on the financial information and history in the United States in 2018 [Graph]. In Statista. Retrieved October 15, 2024, from https://www.statista.com/statistics/1093382/fintech-users-data-sharing-financial-information-history/
Bank Policy Institute. "Share of FinTech application users who feel comfortable sharing data on the financial information and history in the United States in 2018." Chart. October 4, 2018. Statista. Accessed October 15, 2024. https://www.statista.com/statistics/1093382/fintech-users-data-sharing-financial-information-history/
Bank Policy Institute. (2018). Share of FinTech application users who feel comfortable sharing data on the financial information and history in the United States in 2018. Statista. Statista Inc.. Accessed: October 15, 2024. https://www.statista.com/statistics/1093382/fintech-users-data-sharing-financial-information-history/
Bank Policy Institute. "Share of Fintech Application Users Who Feel Comfortable Sharing Data on The Financial Information and History in The United States in 2018." Statista, Statista Inc., 4 Oct 2018, https://www.statista.com/statistics/1093382/fintech-users-data-sharing-financial-information-history/
Bank Policy Institute, Share of FinTech application users who feel comfortable sharing data on the financial information and history in the United States in 2018 Statista, https://www.statista.com/statistics/1093382/fintech-users-data-sharing-financial-information-history/ (last visited October 15, 2024)
Share of FinTech application users who feel comfortable sharing data on the financial information and history in the United States in 2018 [Graph], Bank Policy Institute, October 4, 2018. [Online]. Available: https://www.statista.com/statistics/1093382/fintech-users-data-sharing-financial-information-history/