Traditional banks have a consumer tech problem. This has led to the rise of Robinhood, Venmo, etc. Partnering with tech players like Apple and Google allows the

Traditional banks have a consumer tech problem. This has led to the rise of Robinhood, Venmo, etc. Partnering with tech players like Apple and Google allows them access to their customers. Big tech wants access to financial services for a few reasons laid out in the article in addition to FOMO and bypassing regulation.