The alteration from conventional banking to technology-based banking is even more intense nowadays. As what is shown on Davide Zucchetti’s fintech review, there are so many factors leading to the aforementioned condition. The most obvious factor is definitely about the development in the field of technology itself. Then, it’s followed by the fact that more and more people are more adept to the use of technology as the part of their lives. And Zucchetti also mentioned about how actually the banks are suffering from quite big loss just to maintain their ATM operating all the time while the users are tend to use fintech more recently. On the review, Zucchetti also mentioned some Italy’s most prominent fintech banking companies which seem to be really ready for technology-based banking needs.
To mention some of the companies stated on the review, first, we have N26. This bank can be said to be really innovative in the matter we’re currently discussing. Bank for smartphones seems to be the main objective of N26. It tries to make sure the people can deal with banking needs by using their smartphones. Therefore, they can do it whenever and wherever. As the concrete proof of what’s being done by N26, nowadays, customers are capable of opening bank account within 8 minutes or even less just by accessing their smartphone. Then, the second company, we have Buddybank. This one is dedicated for iPhone users which allow them to enjoy digitalized bank. The service is available nonstop and it’s totally usable without any glitch, hardship, or whatsoever. Third, there’s Chebanca! which belongs to the Mediobanca group. This one is designed for both savings and also investments. Without any doubt, savings and investing can’t ever be this easy.
Fineco is the fourth mentioned by Zucchetti. It’s known as one of the leaders when it comes to the Italian banks dealing with big trading intensity done on the stock market. And it’s not only that. it’s also the leading one in terms of online broker in the whole Europe, which is totally impressive. And the last one, or the fifth, is Widiba. It’s the acronym of Wise Dialog Bank which has proven its capability in providing good fintech usage and features.