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The End of the Banking Era

• deleted 16y ago
  [deleted]
• yoseph 16y ago
  "Given current market trends, retail banking as we know it today will no longer exist by 2020. Even by 2015, almost all small retail banks will be struggling, and even some of the large banks will be trying to re-invent themselves as software companies as they are confronted by competition from more agile and technologically adept competitors: the people who make your cell phone." Hmm, I don't know if the competitors will be the people who make cellphones, but I do think there will be plenty of competitors, like BankSimple.