It’s not Scary, it’s just New
Client trends are changing and it is not a surprise that banks in the traditional sense need to reinvent themselves. There is really no need to have large banking offices, clients are using other methods to perform all their banking transactions. Google would be a good platform to run financial products, will Google become a bank? Not sure. However they have the technology and the client experience to launch a new idea of banking. The banks of the future do not required Debit or credit cards, you will paid with your phones or your finger print. We believe that Google has the human talent to be able to develop a more sound financial system to prevent fraud and detect unnecessary financial fees on the spot. The idea of thinking that clients need an office at every corner is obsolete. It is important that banks adapt quickly to the changes and think about the future. The future is going towards a cashless banking industry where one platform manages your home, your office, your finances and your personal life.
