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Advantages of banks over Fintech companies globally 2016

This statistic presents the advantages of banks over Fintech companies worldwide in 2016. The results of interview carried out among retail banking executives revealed that 70.3 percent of the respondents claimed customers trust as one of the leading advantages of banks over Fintech firms.

Advantages of banks over Fintech companies worldwide in 2016

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Sources

Release date

April 2016

Region

Worldwide

Survey time period

2016

Supplementary notes

The source adds the following information: "The percentage represents the percentage of banking executives who have given a rating of more than 5 on a scale of 1-7 for each of the strategies."
This question was phrased by the source as follows: " There is a lot of talk about innovation in the banking industry driven by both banks and new entrants. What do you think are your bank's strengths vis-a-vis fintech firms"
The source does not provide the number of respondents.

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