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Bookmarking Crypto InsightsWed, 07 Jul 2021 10:19:49 +0000en-US
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3232Report: Fintech’s Growing Popularity a Threat to Profitability of Nigerian Banks
https://www.digit.info/report-fintechs-growing-popularity-a-threat-to-profitability-of-nigerian-banks/
Wed, 07 Jul 2021 10:19:49 +0000https://www.digit.info/2021/07/07/report-fintechs-growing-popularity-a-threat-to-profitability-of-nigerian-banks/Read more]]>Financial technology companies (fintechs) are now among the biggest threats to the overall profitability of Nigerian banks, analysts from the country’s Coronation Merchant Bank (CMB) have warned. The Efficiency of Fintech As a report carried by local media explains, this threat from fintech services stems from their growing popularity with “tech-literate” customers. According to CMB […]