Thanks to Apple’s revolutionary iPhone and the imitators that followed it, banking is on the cusp of profound change and Cupertino has a chance to embrace it.
‘Banking is finished’
“Banking as we know it is finished,” said Nigel Green, CEO of deVere Group of one of the world’s biggest financial advice companies today.
His statement comes as a people from across the fintech sector meet at the Innovate Finance Global Summit (IFGS) to talk about the future of the industry. The event, led by a keynote speech from Sir Tim Berners Lee, has a big focus on mobile and digital with a focus on inclusion and on enabling services that benefit communities.