Digital enables dynamic pricing, behavioral segmentation, real-time underwriting, and personalized fee structures. It also improves price transparency and intensifies competitive comparisons (e.g., marketplaces, aggregators). Banking is constrained by regulatory price caps (e.g., interchange, deposit rates); insurance increasingly prices risk dynamically; fintech monetizes through subscriptions, usage fees, and platform take rates; wealth shifts from AUM fees to subscription/advisory hybrids.
Channel Differences
Marketplaces/aggregators: price discovery + margin pressure
Direct: higher transparency + better CAC to LTV attribution
Advisors/Brokers: fees bundled with guidance + service