Fintech companies must balance the pursuit of profit against ethical data usage
TechCrunch
FEBRUARY 19, 2021
In April 2020 alone, there was a 200% uptick in new mobile banking registrations and total mobile banking traffic jumped 85%, according to Fidelity National Information Services (FIS). Data is the grand prize for Big Tech, not revenue from financial services. It’s not enough to use customer data to refine product offerings.
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