Neobanks: Banks by Any Other Name?

Terri Bradford

Payments System Research Briefing, 2020, 6

Abstract: Neobanks, or digital banks, are bank-like providers of financial services that operate through apps and aim to appeal to different consumer groups through innovative features and design. Whether or not neobanks evolve into full banks, they have the potential to affect the traditional banking model.

Keywords: Digital banks; Challenger banks; Non-banks; Fintechs; nonbank financial institutions (search for similar items in EconPapers)
JEL-codes: G23 (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (2)

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