With more than half of Gen Zers using digital wallets, banks are being forced to reevaluate how they cater to customers.<br />Banking customers are continually moving toward convenience and technology to meet their banking needs.<br />To remain competitive financial institutions are embracing fintech and adjusting to the needs of Generation Z.<br />Digital-only "neobanks" are popping up featuring online-only banking options and no costly physical branches.<br />Online mortgage lending is beginning to take a larger piece of the home-lending market than traditional lending locations.<br />According to Business Insider, financial institutions across the board are investing heavily into blockchain technology.
