Reported about 23 hours ago
As big banks struggle to maintain their competitive edge, fintech companies like PayPal, Robinhood, and Rocket are gaining market share. Financial experts highlight PayPal's innovative strategies, such as its expansion into stablecoins and substantial share buybacks, positioning it as a leader in the evolving banking landscape. The shift indicates that traditional banks may need to pursue mergers and acquisitions, introduce new products, and adopt advanced technologies like AI to regain their market position.
Source: YAHOO