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Banking on the next generation

What does the future of banking look like? This eBook uncovers young people's attitudes to money and what businesses should do to respond.

What does the future of banking look like? This eBook uncovers young people's attitudes to money and what businesses should do to respond.

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B A N K I N G O N T H E N E X T G E N E R A T I O N<br />

There is a stereotype<br />

that cryptocurrency<br />

like Bitcoin are <strong>the</strong> way<br />

forward for Gen Z – in<br />

reality <strong>the</strong>y are too riskaverse<br />

to invest in it.<br />

Gen Z will have to work very hard to<br />

attain ec<strong>on</strong>omic security, and <strong>the</strong>y’re<br />

not willing to risk <strong>the</strong>ir funds to invest<br />

in crypto. M<strong>on</strong>ey still needs to feel real<br />

and safe – something crypto just<br />

doesn’t offer to this generati<strong>on</strong> yet.<br />

DID YOU KNOW...<br />

7 0 % o f G e n Z ’ s a r e<br />

u n l i k e l y t o b u y<br />

c r y p t o c u r r e n c y i n<br />

t h e n e x t 6 m o n t h s<br />

3 7 % o f y o u n g p e o p l e<br />

d o n ’ t y e t t r u s t<br />

c r y p t o c u r r e n c i e s<br />

s u c h a s B i t c o i n<br />

Source: Business Insider, Decrypt<br />

17

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