Tech Companies as New Disruptive Force in Retail Banking

According to a recent study on retail banking by Bain & Company, there is a global comfort with people trusting big tech (i.e Amazon, Apple, Google) companies to take part in their future banking.  

While the majority of big banks were looking to pick and choose fintech innovations for their clientele, these larger companies have the brand recognition and established footprint to beat out small fintechs looking to make name for themselves.