Cracking the authentication code...one click financial services....needs to save, lend, borrow and invest are likely to stay....the way we do this will change
Automation and robots are replacing real human interaction and Millennials don’t care. At least that’s what Brett King, best-selling futurist and creator of Moven, a mobile banking app says. According to King, any bank or institution that requires a signature at all is in trouble with the younger generation. “All of the basic services [young people] use today simply don't require a signature for opening an account - Facebook, Google, iTunes, Snapchat, Instagram, Mobile Phone Accounts, etc.” he writes. Behavior around banking is changing, King tells Yahoo Finance. The way we pay for things and the way we interact with those around us and our money are changing because of a modality shift brought on by the smartphone. He believes that the physical bank branch might soon be gone.