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But the Digital and Card Payment Statistics Yearbooks show that over 2019 and 2020, digital banks proved that they are now catching up to their bricks-and-mortar rivals, as consumers have adopted new technology and channels.
Thanks to the new generation of tech-savvy consumers, the likes of Revolut, bunq and Tinkoff Bank are acquiring new customers at rates that their traditional rivals can only dream of.
Covering 43 countries across Europe and Eurasia, the Digital and Card Payment Statistics Yearbooks [link to website] are recognised across the payments industry as the most authoritative source of digital and card payments business information.
