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Mercuryo: Banks Are Threatened by Neobanks, Yet They Are More Afraid of Crypto

Mercuryo: Banks Are Threatened by Neobanks, Yet They Are More Afraid of Crypto | The Fintech Times

With digital becoming the norm in the financial world, traditional banks are under threat from newer challengers and neobanks, having to rapidly innovate in order to keep up. However, according to Petr Kozyakov, CEO at the global payment network Mercuryo, neobanks are the least of traditional banks’ worries, with cryptocurrencies and their reluctance to adopt digital assets more of a concern.








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