Bye Bye Banks?

Bye Bye Banks?

How Retail Banks Are Being Displaced, Diminished and Disintermediated by Tech Startups and What They Can Do to Survive

James Haycock, Shane Richmond

MaxMyInterest, a US startup that calls itself the ‘intelligent cash management solution’, demonstrates a similar idea by helping maximise savings returns. The service, which is still at a relatively early stage, helps easily move customer’s money between accounts to get the best interest rate at any point in time.

Link · A three-stage scenario that is underway