Steven Zenios12/06/2019
2min
The report titled “Global FinTech Adoption Index 2019” showed that among the emerging markets, India and China are at the top of the list with an impressive 87% adoption rate. Within the developed markets, the Netherlands is in the lead with 73% followed by the UK and Ireland with 71% each. The report also explains that the higher adoption rate of FinTech services in European markets is due to the open banking system in Europe, which allows consumers to carry out banking from third-party solutions if they are not happy with the bank’s services.
