The United States houses over 11,000 registered banks and credit unions. These financial institutions collectively have over $19 trillion dollars in assets and provide banking services to over 300 million Americans. Regional banks and credit unions play an important role in the economy providing funding to consumers and small and medium-sized businesses that the large money-center banks are less adept at serving.
Yet these local financial institutions often lack the skills and resources to modernize and are in danger of falling behind in the digital customer experiences people have come to expect as a result of advances in FinTech and online banking. MANTL is one company working to change that dynamic.
Read Nathaniel’s full interview with Forbes here.
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