NeoBank vs Traditional Bank: A detailed comparison of the features, benefits, and drawbacks of NeoBanks and Traditional Banks.
Vineet Katial is the founding director of Sky7 Ventures and the Owner of VistaMoney. This veteran businessman and investor is a founding member of TIE Detroit Angels and is on numerous boards for start-ups and charitable organisations. Mr. Vineet Katial has over 30 years of excellent professional experience. Vineet Katial played a significant role in the accomplishments of the organisations he previously worked for. Vineet Katial was a member of the group that established one of India’s earliest call centres, which is today among the biggest in the world. An enthusiastic businessman, Vineet has consistently provided advice, knowledge, and experience to new firms.
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In recent years, the rise of neobanks has disrupted the traditional banking industry. NeoBanks are digital, mobile-only banks that offer financial services exclusively through mobile applications or online platforms. On the other hand, Traditional Banks are physical brick-and-mortar institutions that have been around for centuries. In this article, we’ll take a detailed look at the …