Fintechs are promoting a vision of a world without banks. Blockchains and cryptocurrencies have taken over paper money or credit cards. In short, fintechs are facilitating a fast, seamless, immersive, cross-channel digital experience that customers have always wanted. It is satisfying their needs and bringing to them so much more that they can anticipate.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/three-things-banks-need-to-keep-in-mind-before-leading-a-digital-transformation/articleshow/88001399.cms
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