Financial technology is about to go mainstream.

That's according to the EY FinTech Adoption Index, which finds that fintech adoption among consumers has surged globally over the past 18 months—in the U.S. it's doubled since 2015—and an average of 33% of digitally active consumers across the 20 markets in the study now use fintech..

The U.S. has the highest adoption rates within three of the top five fintech categories: financial planning tools, savings and investments and borrowing.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
  • Educational webcasts, white papers, and ebooks from industry thought leaders.
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.