SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Apple Inc.
AAPL 277.96-0.3%Dec 8 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Moonray5/28/2014 8:25:51 AM
   of 213174
 
Banking with Apple? No thanks, millennials say

Apple products have disrupted the phone, computer and music markets, but support for the tech giant to
move into financial services is flagging.

An Accenture survey out Tuesday showed just 34 percent of millennials—and 20 percent of respondents

aged 35 to 54—would bank with Cupertino, California-based Apple if it offered those services. More
millennials would bank with Google and Amazon, according to the survey, part of a broader report titled
" Everyday Bank: A New Vision for the Digital Age."

The results come at a time when analysts—like Morgan Stanley's Katy Huberty—have suggested Apple

leverage its iTunes platform and mobile phones for payments. The platform has seen consistent sales
growth—on track to process some $20 billion in transactions this fiscal year—and already has access to
credit card information for millions of customers.

More at: cnbc.com

o~~~ O
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext