But one question persists in the minds of financial services providers, policymakers, and innovators: What is the actual impact of fintech on consumers’ financial lives?
As a provider of data connectivity to power the fintech ecosystem, Plaid wants to understand how consumers use fintech, how they feel about it, and how it impacts their lives—so we partnered with The Harris Poll to ask them. We learned three things:
Fintech improves their financial well-being
Fintech expands their access to the financial ecosystem
Fintech creates a virtuous cycle of experimentation, results, and confidence