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Topic: [2016-04-16]This finance trend is so hot even Amazon wants in (Read 331 times)

legendary
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Merit: 3015
Welt Am Draht
I think the brick and mortar guys are going to be rather sad when places like Africa start soaring with little action for them. They're entrenched in the west. Milennials, whoever the hell they are, are using the same old banks with some glitter on top.
hero member
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This finance trend is so hot even Amazon wants in

This story was delivered to BI Intelligence "Payments Industry Insider" subscribers. To learn more and subscribe, please click here. The arrival of the age of fintech is about to shake up the financial services world as we know it. Traditional powerhouses are already trying to figure out ways to co-exist with startups that are disrupting aging models. Look no further than the rise of mobile and digital banking and the declining relevance of brick-and-mortar banks, particularly among millennials, for evidence of that fact.

http://www.businessinsider.com/amazon-considering-fintech-acquisitions-2016-4?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+clusterstock+%28ClusterStock%29

It's a young persons world,they don't need bricks and mortar banks,just a phone thank you

if all the banks burnt to the ground it wouldn't matter Grin
hero member
Activity: 504
Merit: 500
This finance trend is so hot even Amazon wants in

This story was delivered to BI Intelligence "Payments Industry Insider" subscribers. To learn more and subscribe, please click here. The arrival of the age of fintech is about to shake up the financial services world as we know it. Traditional powerhouses are already trying to figure out ways to co-exist with startups that are disrupting aging models. Look no further than the rise of mobile and digital banking and the declining relevance of brick-and-mortar banks, particularly among millennials, for evidence of that fact.

http://www.businessinsider.com/amazon-considering-fintech-acquisitions-2016-4?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+clusterstock+%28ClusterStock%29
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