What Has the World Rejecting Banks?


by Anthony Sibley (AJ) on Sep 18, 2014 | Views: 58 | Score: -1
20132014
Mobile1322
Branch1614
Over-the-Phone118
Social Media010
Banking Channel
Global Bank Customers Using At Least Weekly
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Anthony Sibley (AJ)
Anthony Sibley (AJ) on Sep 18, 2014 4:39 AM said:

The relationship between banks and their customers is being dramatically altered by the rapid growth of alternative banking through mobile applications. Competition from Square, Paypal, Apple, Google, and other tech companies are driving millennials, in particular, away from traditional, bricks-and-mortar banks. Mobile-banking is now more popular than traditional banks, with nearly 70% more customers using it weekly than last year.