Europe has a considerable digital bank market. Now, according to the Kiplinger Letter, these digital banks are coming to the US. Monzo, N26 and Revolut plan to launch soon despite difficulties faced by American counterparts. The Europeans will encounter the same regulatory hurdles, however, and are likely to partner with traditional banks, as US-based Chime, Qapital and others have.
Friendlier laws in Europe have allowed internet-based banks to ramp up. Among the services attracting customers is no-fee international ATM use, cryptocurrency trading, cross-border currency transfers plus traditional banking.
Keep ahead of the curve with critical understanding of the consumer market through market research that can help understand where to direct your business in the real estate industry. PTC Computer Solutions works closely with Parker Associates to provide a great number of details on technology and market data. Contact PTC for more information.