Sydney Morning Herald reports on digital financial services competition among banks and fintechs targeting younger customers.
The Sydney Morning Herald highlights the competition among banks and fintech companies to attract younger customers through digital financial services. Key trends include the rise of fee-charging rent payment apps, cashback options, and the emergence of new trading platforms like Stake and Superhero. Westpac is enhancing its offerings with budgeting tools, while young investors remain optimistic about technology stocks despite recent declines. The article underscores the significance of digital finance in a cashless society.
September 15, 2024
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