GettyOBSERVATION FROM THE FINTECH SNARK TANKJPMorgan Chase announced that it is shutting down Finn, its digital banking service. Who wants to bank with a digital bank like Finn? Who wants to bank with a digital bank like Finn? They reviewed the mobile banking capabilities of 70 banks--26 with assets greater than $50 billion, and 44 with assets between $10 billion and $50 billion. Banks with $50 billion to $1 trillion in assets offer an average of eight features, with the banks in the $10 billion to $50 billion range offering an average of just five features.

Source: Forbes June 06, 2019 17:37 UTC