Can banks get back into Millennials’ good graces? The Millennial Disruption Index revealed that 73% of Millennials prefer to handle their financial needs through Google, Amazon, Apple, PayPal, or Square, and more than half feel their bank doesn’t offer them anything unique. To compete with the new financial services, traditional banks need to work towards a digital future to make transactions seamless and easy for consumers. They also need to build on trust with the generation by offering fraud prevention and risk management features. (TechCrunch)
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