Tech giants poised to challenge big banks, warns new study

clock • 2 min read

Research suggests consumers have limited loyalty to traditional retail banks and would prefer to bank with 'GAFA' - Google, Apple, Facebook (!) or Amazon

Major technology companies are poised to challenge the dominance of traditional retail banks, according to new research. A study from Peru Consulting has found that a majority of IT leaders (57 ...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

You may also like
HSBC online banking outage hampers Black Friday shopping for thousands

Finance

Many customers complained about the lack of communication from the bank

clock 27 November 2023 • 3 min read
CDO Interview: Product-level predictive analytics at retailer Very

Big Data and Analytics

The Very Group Chief Data Officer Steve Pimblett explains how data, insight and most importantly action are changing the face of one of the UK's established retail concerns.

clock 14 September 2023 • 6 min read
Privacy: Don't be like Big Tech, protect Gen Z

Privacy

Retailers can be as invasive as social media when it comes to tracking younger users

clock 18 July 2023 • 6 min read

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Big Data and Analytics

How Space Aye is putting Scottish space tech on the map

How Space Aye is putting Scottish space tech on the map

Company merges real-time satellite imagery with data from billions of IoT devices

John Leonard
clock 12 March 2024 • 3 min read
 'We decided to build a better energy retailer'

'We decided to build a better energy retailer'

Octopus Energy’s David Sykes on how the disrupter built a platform to make green energy work for consumers

Penny Horwood
clock 04 March 2024 • 5 min read
'I'm an advocate for human in the loop': How a critical infrastructure provider is handling AI

'I'm an advocate for human in the loop': How a critical infrastructure provider is handling AI

And why they’re looking beyond it

Tom Allen
clock 28 February 2024 • 2 min read