The ultimate guide to how big tech and banking are partnering to shape the future of financial services

Aoife Loy
Aoife Loy

What’s this all about?

Roll up, roll up. Big tech firms want to become banks!

At this stage, we’ve all seen the headlines. Whether it’s Google’s checking accounts, Facebook’s cryptocurrency or Amazon’s lending ambitions, Silicon Valley players and their designs on financial services have sparked much speculation into what the end-game for banking looks like.

Indeed, where once fintech disruption was the most significant threat to banks’ centuries-long dominance, today big tech’s push into financial services is giving the major names in finance something to think about. This ‘push’ has mostly manifested in the form of partnerships including Apple and Goldman Sachs, Amazon and Goldman Sachs, Google and Citi, and TSB and Square to name a few.

In this latest comprehensive guide by LEVERIS, we explore the fine details of these partnerships to help us all better understand what exactly is happening. We conclude by tackling four pivotal questions to determine how this trend could shape the future and consider just how ready the tech leviathans are to shoulder the level of audit and compliance necessary to become banks.

Download now if you:

  • Want to understand the motivation behind big tech’s finance ambitions
  • Are keen for insights into the partnerships, their success and impact on the day-to-day lives of customers
  • Have an interest in learning where Banking-as-a-Service (BaaS) fits in
  • Want to know whether big tech’s push into financial services is an opportunity, threat or both for banks
Big tech and banking

Ultimate guide

How big tech and banking are partnering to shape the future of financial services

Download now to learn:

It's those banks that form BaaS partnerships with big tech companies in order to utilise the awesome distribution power of their digital ecosystems that will succeed in the future.

Conor McAleavey, Head of Innovation, LEVERIS Tweet
Aoife Loy
Aoife Loy
Aoife is Lead Content Marketer at LEVERIS. She writes about our mission and approach to technological innovation.

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