Too Long; Didn't Read
92% of millennials, the largest single generation ever with an average age of 26.5, don't trust traditional banks. Facebook’s report of Millennials + Money: The Unfiltered Journey. Facebook's report: 92% don’t trust banks. There has been an attention-grabbing shift away from established banks toward new players of financial services. Global banking industry is challenged by the necessity of adapting to these rapid changes in FinTechs. The world of banking is always one of the business sectors that has leveraged the technologies of the time to improve its products, services and processes.