Sectors Up Close: 'Fintech is a threat' to big banks

US banks reported blockbuster results in the last quarter, but their consumer business is coming under pressure from new fintech companies. Moneta’s Aoifinn Devitt said Wise may have recently failed to get a banking licence, but other companies are watching the financial industry. #technology #fintech #bank #News #Reuters #Newsfeed 👉 Subscribe: https://reut.rs/4b8fRGn Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on X: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.…

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