The future of banking – Google Think series

For instance, Microsoft correctly predicted that people would pay for transportation via their smartphones, but they didn’t predict that the whole taxi industry would be disrupted by startups like Uber.

I also talk about how big data will lead to automated financial advice, and how paper applications will of necessity be phased out of the digital world. How a debit or credit card can’t tell users their most requesting piece of information from a bank (“what’s my balance”?), and how the fact that the phone can (and much more — including payments) means that the smartphone will soon be the center of banking.

Watch my full speech to understand the future of the banking industry and why I predicted in 2009 and again in 2011, that the smartphone would redefine the very nature of banking.

Brett King
Author, Speaker, Disruptor.
I’m a bestselling author and the founder of the world’s first direct mobile-only bank Movenbank.
www.banking4tomorrow.com

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