Millennials, the generation born between 1980 and 2000, is a generation of more than 80 million people, and it is the biggest generation in American history. One of the implications of this generation is their view on banking, and especially how the banking industry is next up for disruption due to unmet needs and dissatisfaction. For example all four of the leading banks in the US are among the ten least loved brands by Millennials, and one in three is open to switching banks in the next 90 days.
Most times we talk about how we use technology - but maybe we should rather consider how we interact with it?
One of the big clichés about Silicon Valley corporations is that they are extremely good at being innovative. They hire the best people, pay them the highest salaries and constantly launch new, cutting-edge products. But do these products actually come from in-house innovation?
How will the world look like in 26 years from now in terms of technology? If you let your imagination run wild, you might be able to come up with some quite adventurous and out-of-this-world ideas. However, a reasonable assumption would be that you - as most others - are wrong due to the complexity and acceleration of the global, technological development.