Digital Banking and Fintech Emerge as Pandemic’s True Winners
March 02, 2021According to analysts at JPMorgan Chase, the real winners of this past year’s pandemic are digital banking platforms and the Fintech revolution. Relegating Bitcoin to being just a mere “economic side show,” despite the cryptocurrency’s monster rally, seems to be the theme of the below report. That being said, Bitcoin has gained traction with major Wall Street banks and Fortune 500 companies like Tesla and Mastercard. To summarize, the rise of digital finance is the “real financial transformation story of the Covid-19 era,” according to JPMorgan. Read more below:
Source: CNBC News