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Tech giants poised to challenge big banks, warns new study

Gabriel Owens

12 July 2017 •

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Half of 25-34 year olds say they would consider banking with Facebook rather than Barclays - yes, really

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 per...

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