Latest UK Rules Make It Easier For Facebook And Google To Intervene Into Banking
Overview
After many years, the UK has finally seen the open banking rules come into force and action.
These rules specify that any...
In the last years, Amazon transferred into the cloud with web storage, began providing video and music streaming services, bought the grocery Whole Foods. And now, they are considering getting involved in pharmaceutical and home furnishing industries and even banking.
The reason for all these...
It came out recently that Amazon is planning to intervene into online banking itself is primarily to engage customers who would otherwise have felt reluctant or hesitant to shop online. So the basic aim of this move by Amazon is to even engage and...
Just when you think you are done with Jeff Bezos, he comes around with a little something more. It seems unbelievable how you can never virtually think for a second for your business to be safe from Jeff Bezos because in the moment you...
It is not the Fintech firms rather Tech giants that is threat to banks: WEF (World economic forum) has made a startling revelation whereby the tech giants such as Facebook and Amazon are bigger threat to the banks than Fintech newbies. This revelation is backed...
Amazon or no, banks are in for big changes, one analyst says
What does the “Amazon effect” signify to the banking business?
In the years since the 2008 financial disaster, banks have invested many billions on compliance, cleared up their balance sheets, and attempted to encourage...
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