{"id":54529,"date":"2016-04-04T11:07:05","date_gmt":"2016-04-04T15:07:05","guid":{"rendered":"http:\/\/danielschristian.com\/learning-ecosystems\/?p=54529"},"modified":"2016-04-04T11:07:05","modified_gmt":"2016-04-04T15:07:05","slug":"what-will-the-bank-of-the-future-look-like-hinrikus","status":"publish","type":"post","link":"https:\/\/danielschristian.com\/learning-ecosystems\/2016\/04\/04\/what-will-the-bank-of-the-future-look-like-hinrikus\/","title":{"rendered":"What will the bank of the future look like? [Hinrikus]"},"content":{"rendered":"<hr \/>\n<blockquote>\n<div class=\"image__caption\"><span style=\"color: #008000;\"><strong>Facing the future: &#8220;Everything about our financial services experience will change.&#8221;<\/strong><\/span><\/div>\n<\/blockquote>\n<hr \/>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/www.weforum.org\/agenda\/2016\/02\/what-will-the-bank-of-the-future-look-like\" target=\"_blank\"><strong>What will the bank of the future look like?<\/strong><\/a> &#8212; from weforum.org by Taavet Hinrikus (formerly&#8230;a<span class=\"description\">s Skype&#8217;s first employee, Taavet helped build a company that has changed hundreds of millions of lives&#8230;so he knows how to ride these &#8220;waves.&#8221;)<\/span><\/p>\n<p><em>Excerpt:<\/em><\/p>\n<p>Lionel Barber, the editor of the FT, summed it up at Davos: \u201cNobody wants to be in banking, everyone wants to be in FinTech\u201d. FinTech &#8212; or financial technology &#8212; has reached the mainstream, but what does this mean for the banks?<\/p>\n<p>The Fourth Industrial Revolution is taking hold in banking.\u00a0 The rise of FinTech came about over the last five years primarily as the result of five key developments:<\/p>\n<ol>\n<li>Loss of trust in the global financial crisis of 2008<\/li>\n<li>Higher expecations<\/li>\n<li>Rise of the Millennials<\/li>\n<li>The rise of the mobile Internet<\/li>\n<li>Regulation that truly looks after the rights of the consumer<\/li>\n<\/ol>\n<p>&nbsp;<\/p>\n<p>&#8230;<\/p>\n<p><span style=\"color: #008000;\"><strong>Looking ahead to ten years\u2019 time, the picture changes even more dramatically: 20% of consumers anticipate they will trust technology providers with all their financial service across the board from credit cards to mortgages.<\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/cdn-images-1.medium.com\/max\/800\/0*w7syvJQMcA3uSL7F.png\" alt=\"\" width=\"100%\" height=\"100%\" border=\"0\" \/><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Facing the future: &#8220;Everything about our financial services experience will change.&#8221; &nbsp; What will the bank of the future look like? &#8212; from weforum.org by Taavet Hinrikus (formerly&#8230;as Skype&#8217;s first employee, Taavet helped build a company that has changed hundreds of millions of lives&#8230;so he knows how to ride these &#8220;waves.&#8221;) Excerpt: Lionel Barber, the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[387,112,37,35,95,234,480],"tags":[],"class_list":["post-54529","post","type-post","status-publish","format-standard","hentry","category-business","category-corporate-business-world","category-future","category-game-changing-environment","category-global-globalization","category-history","category-society"],"_links":{"self":[{"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/54529","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/comments?post=54529"}],"version-history":[{"count":5,"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/54529\/revisions"}],"predecessor-version":[{"id":54534,"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/54529\/revisions\/54534"}],"wp:attachment":[{"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/media?parent=54529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/categories?post=54529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/tags?post=54529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}