Fractions of a Penny

Young people don’t like banks.

…this digital-savvy cohort is looking to the tech sector to provide banking solutions. Half of respondents said they were counting on startups to overhaul how banks work, and three-quarters said they would be more excited in financial services provided by Google, Amazon, Apple, PayPal, or Square than from their own banks.

You know how fragmented messaging services are because you need all the people in your life on one service? Wait until that happens in banking.”