Bank Apps Are Rising, And Targeting Old Lenders.

The article reports on the growing adoption of mobile application (app) from financial technology (fintech) firms like Monzo by consumers who want efficiency and dependability in their transactions. Also cited are the checking accounts and automated teller machine (ATM) cards offered by fintechs in Great Britain, the slow adoption of the technology in the U.S., and the comment of Monzo's Tom Blomfield on their efforts to compete against traditional lenders.