Tag: Amazon

tech giants banks
InBlog Post

Prediction on Tech Giants Vs Banks has come true

What I predicted last year (Tech Giants vs Banks) has come true. Google is the latest tech giants to enter into banking sector. The move follows the Facebook Pay, Apple Pay, Uber Money, Amazon, Walmart, Alibaba and Tencent. The tech giants have started to make use of its massive customer base, enhanced customer experience, latest…
tech giants banks
InBlog Post

Tech Giants vs Banks. Who will be the Winner?

UK watchdog says Big Tech pose biggest threat to banks. Amazon, Google and other Big Tech companies could compete with banks in basic products and undermine their ability to offer free accounts, Britain’s financial watchdog said. The Financial Conduct Authority published its final report on its study of retail banking business models; saying new payments…