On this week’s episode of News & Views, The Fintech Times Podcast team speak about concerns over the financial inclusion gap in rural areas, TechTrust launching a Fintech Talent Hub to help close the industry skill gap, and the Current Account Switch Service (CASS) surpassing 10 million total switches since its inception.
Our discussion begins by focusing on the amount of current account switches to traditional incumbent banks. With a digital offering being one of the main reasons for change, we explore why consumers still lean towards high street names instead of challengers.
Taking a break from banking, we speak about TechTrust’s new Fintech Talent Hub and whether a hub like this is the most efficient way to nurture and promote fintech talent. The conversation then goes back to banking as we go back and forth on whether physical bank branch closures are the beginning of the end for banking as we know it.
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