Financial technology is about to go mainstream.

That's according to the EY FinTech Adoption Index, which finds that fintech adoption among consumers has surged globally over the past 18 months—in the U.S. it's doubled since 2015—and an average of 33 percent of digitally active consumers across the 20 markets in the study now use fintech..

The U.S. has the highest adoption rates within three of the top five fintech categories: financial planning tools, savings and investments and borrowing.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.