This statistic presents the likelihood of the threat posed to current retain banks from the new financial market participants, among those fintech start-ups and companies, in Europe as of 2014, broken down by products. In terms of payments, new market entrants posed a very likely threat according to 61 percent of respondents. Further 34 percent confirmed that new financial companies were "likely" a threat in the area of payments.
Fintech seen as threat to existing retail banks in Europe as of 2014, by product
Figures have been rounded. Threat predicted within the next three years.
The source provides further information: "Fintech is the term that has now become established to described the digitisation of the financial sector. It is a catchall used for advanced, mostly internet-based technologies in the financial sector."
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Deutsche Bank Research. (November 11, 2014). Fintech seen as threat to existing retail banks in Europe as of 2014, by product [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/411804/likelihood-threat-financial-companies-new-on-the-market-retail-banks-europe/
Deutsche Bank Research. "Fintech seen as threat to existing retail banks in Europe as of 2014, by product." Chart. November 11, 2014. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/411804/likelihood-threat-financial-companies-new-on-the-market-retail-banks-europe/
Deutsche Bank Research. (2014). Fintech seen as threat to existing retail banks in Europe as of 2014, by product. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/411804/likelihood-threat-financial-companies-new-on-the-market-retail-banks-europe/
Deutsche Bank Research. "Fintech Seen as Threat to Existing Retail Banks in Europe as of 2014, by Product." Statista, Statista Inc., 11 Nov 2014, https://www.statista.com/statistics/411804/likelihood-threat-financial-companies-new-on-the-market-retail-banks-europe/
Deutsche Bank Research, Fintech seen as threat to existing retail banks in Europe as of 2014, by product Statista, https://www.statista.com/statistics/411804/likelihood-threat-financial-companies-new-on-the-market-retail-banks-europe/ (last visited December 22, 2024)
Fintech seen as threat to existing retail banks in Europe as of 2014, by product [Graph], Deutsche Bank Research, November 11, 2014. [Online]. Available: https://www.statista.com/statistics/411804/likelihood-threat-financial-companies-new-on-the-market-retail-banks-europe/