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For most matters, trust is less of an issue but for finances and banking details, it’s an incredibly important aspect of doing business. I work in analytics/da
by tixocloud 8y ago
For most matters, trust is less of an issue but for finances and banking details, it’s an incredibly important aspect of doing business.
I work in analytics/data science at a bank. We’ve been doing lots of great research on fintechs and entrepreneurs.
Re: fintech - Trust comes up a lot so anything you can do (i.e. partnerships, social proof, etc) would go some way. Customers use us as their main account but regularly funnel money to startup banks. However, they’ve mentioned they would never really put large amounts of money with startup banks and are happy to continue with their current setup.