Fintechs and Google. Forbes/ Ron Shevlin: “Google The Next Fintech Vendor”
Why would a bank hire Google as a technology vendor?
- Consumer prowess.
- Technology and analytics expertise.
Talento anhelado por las organizaciones
Fintechs and Google. Forbes/ Ron Shevlin: “Google The Next Fintech Vendor”
Why would a bank hire Google as a technology vendor?
“Jim Marous”, co-publisher of The Financial Brand, explains how big tech companies put pressure on the traditional banking system: “Big Tech Firms Push Further Into Banking With new Super Apps”
The reasons platform strategies can fail include:
The brand new bankers:” Google is getting into banking to take back the business it lost to Amazon”, by Kate Rooney in CNBC
Google’s key motivation is customer data, according to analysts. By seeing what users spend money on increase its insights into consumer purchase behavior (and consumer finances more broadly
Amazon has 54% of U.S. product searches online, compared to Google’s 46% market share.
Google is ensuring that it doesn’t have to “disappoint” customers by not approving their creditworthiness
Energy Efficiency and Artificial Intelligence / Daniel Talero – Forbes: “AI Starts to Live Up to its Energy Efficiency Potential”