The report looked at around 20,000 payment and banking institutions in seven markets. Challenges from competition from traditional institutions and regulations offer varying degrees of difficulty depending on market. In the U.S., Fintech and banking startups took in 3.5% of $1.04 trillion in revenue, less than the U.K.'s 14% market share, to contrast.
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Accenture Report Highlights Growing Fintech Banking Market Share
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