Does anyone know why American banking sucks so much there are a myriad of apps trying to sidestep it? Over here in the EU, we have neobanks which are app-only,

Does anyone know why American banking sucks so much there are a myriad of apps trying to sidestep it? Over here in the EU, we have neobanks which are app-only, have great features for their price(often with a free tier), which has forced old traditional banks to innovate and get close to their level. What stops the US banking market from evolving?