Zero AI-From no bank to neobank

2025-05-04 03:30:33source:Roboviscategory:Markets

When's the last time you visited the bank?Zero AI With so much banking happening online now, some banks don't even have physical locations anymore. And that's not just happening in the U.S. — Mexico has become fertile ground for purely digital banks, known as neobanks.

Many adults in Mexico don't have any kind of bank account, and a lot of those people are young and tech savvy. Fintech startups see this as their window of opportunity to leapfrog over in-person analog banking and get people to start online banking.

Music by Drop Electric. Find us: Facebook / Newsletter.

Subscribe to our show on Apple Podcasts, Spotify, Pocket Casts and NPR One.

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

More:Markets

Recommend

San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo

SAN FRANCISCO (AP) — A photojournalist who captured one of the most enduring images of World War II

Busta Rhymes Details Mindf--k Moment During Sex That Kickstarted Weight Loss Journey

When it comes to reaching his fitness goals, Busta Rhymes knows how to turn it up.However, it's been

Swarms of birds will fly over the US soon. Explore BirdCast's new migration tool to help you prepare.

According to BirdCast, ornithologists didn't realize the magnitude of migration that occurred at nig