Tweet of the week 🦉🏆 Jason does an excellent job breaking down the “shadow” financial live that takes place outside the walls of traditional financial institutions from the FICO report. My main takeaway was how complicated people’s financial lives have become. For some time consumers have moved away from having one bank for all their financial needs but this has really accelerated in the last ten years with the unbundling of financial services and the creation of new financial products with millennials are at the forefront of this.
Banking needs to come out of the shadows
Banking needs to come out of the shadows
Banking needs to come out of the shadows
Tweet of the week 🦉🏆 Jason does an excellent job breaking down the “shadow” financial live that takes place outside the walls of traditional financial institutions from the FICO report. My main takeaway was how complicated people’s financial lives have become. For some time consumers have moved away from having one bank for all their financial needs but this has really accelerated in the last ten years with the unbundling of financial services and the creation of new financial products with millennials are at the forefront of this.