Minneapolis Fintech Company ClickSwitch Makes It Easier To Change Banks

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Via Star Tribune

“A rule change in the 1980s opened competition in long-distance phone service, leading to years in which seemingly every other advertisement on TV begged consumers to “switch” their provider. A similar force is being unleashed on banks, and a Minneapolis tech startup is the reason why.

ClickSwitch Holdings Inc. for the past two years has signed up about 325 banks, credit unions and alternative financial firms to use a service it developed — a combination of software backed by a human service bureau — that lets their new customers move their entire banking relationship with the click of a mouse button or tap on a screen.”

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