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    The State of Consumer Finance
    The State of Consumer Finance
    The State of Consumer Finance
    Ebook27 pages15 minutes

    The State of Consumer Finance

    By Fintech Review

    ()

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    About this ebook

    New forms of consumer finance are challenging traditional financial institutions...

    Can they even fight back?

    Read about the state of consumer finance: how are is the current economic environment impacting this segment of financial services? What are the latest customer trends? Should traditional financial institutions forget about competing in that space?

    LanguageEnglish
    PublisherFintech Review
    Release dateMay 10, 2021
    ISBN9781005533441
    The State of Consumer Finance
    Author

    Fintech Review

    Fintech Review is an independent online media on a mission to decrypt what is happening in fintech around the world.We are at the intersection of business, finance, technology and economics. From explaining basic concepts to analysing major trends, and interviewing business leaders and entrepreneurs in the industry.

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      Book preview

      The State of Consumer Finance - Fintech Review

      The State of Consumer Finance

      New forms of consumer finance are challenging traditional financial institutions...

      Can they fight back?

      IntroductionStrange time that we live in. You probably think No sh*t Sherlock.

      The current economic and business environment is clearly challenging. Even if there has been a lot of government support and various schemes set up around the world over the past year to keep the world economy afloat. That is because of the C word. In the UK, there was the shadow of the B word for a long time. Britain's exit from the European Union, also known by its cute name Brexit. Until it finally happened in December 2020 after a seemingly endless transition period.

      Going down the alphabet, what will be the next catastrophe starting with D? All bets are off!

      We are now more than a year into a health crisis that quickly turned into an economic crisis. It has shaken the whole world. No-one managed to shield itself from it. Not all sectors of the economy have been impacted in the same way. That's because physical lockdown periods were bad for brick-and-mortar retail but great for e-commerce. Amazon

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