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Street Talk Episode 42: Banks losing consumer deposits to fintech, digital platforms, commercial might be next

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Listen: Street Talk Episode 42: Banks losing consumer deposits to fintech, digital platforms, commercial might be next

Fintech companies and digital-only players have become a threat to traditional banks' retail deposit bases and they could soon turn their focus toward commercial customers. In the episode, experts from Promontory Interfinancial Network and Sandler O'Neill and executives from Goldman Sachs, Heritage Bank and Republic Bank discuss the growth of digital-only deposit platforms, how they have changed the competitive landscape and what community banks can do to combat the threat.

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