Half of millennials reject traditional banks
Most are planning digital switch this year
More than half of millennials are happy to switch to or already have a digital-only bank.
US banks will automate 200,000 jobs
Most significant transfer from labour to capital
Over the next decade, US banks will use automation to eliminate 200,000 jobs and create "the greatest transfer from labour to capital" in the industry's history.
Blockchain has zero chance claims Xero bloke
Too much Trumping and spying means we can't have nice things
The CEO and founder of cloud accountancy software giant Xero thinks blockchain is doomed to failure because of "surveillance culture and tribalism" in the financial industry.
China presses ahead with glorious five year tech plan
US tech companies nervy
The Chinese government is set to hack off the US government by working on a set of banking cyber security regulations.