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 />
Facebook’s new and<br />
c<strong>on</strong>troversial<br />
cryptocurrency - Libra<br />
14<br />
%<br />
Facebook could put a crypto wallet in<br />
<strong>the</strong> pers<strong>on</strong>al accounts of billi<strong>on</strong>s of<br />
people around <strong>the</strong> world, making<br />
m<strong>on</strong>ey transfers as easy as sending a<br />
message or a photograph today. Gen<br />
Z spend <strong>the</strong> majority of <strong>the</strong>ir time<br />
<strong>on</strong>line doing just this, which may make<br />
crypto more accessible to Gen Z and<br />
change <strong>the</strong> way <strong>the</strong>y perceive crypto.<br />
DID YOU KNOW...<br />
1 4 % o f M i l l e n n i a l a n d<br />
G e n Z p a r t i c i p a n t s c i t e d<br />
a “ l a c k o f u n d e r s t a n d i n g ”<br />
a s t h e i r m a i n r e a s o n f o r<br />
n o t g e t t i n g i n v o l v e d w i t h<br />
c r y p t o<br />
Source: Business Insider, Decrypt<br />
18
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