Prediction: Virtual Banking (VB) to Replace Modern Day Banking Function in Next 10 Years

2 Pages Posted: 4 Jan 2019

Date Written: December 15, 2018

Abstract

Virtual Banking (VB) to replace the modern day banking function in the next 10 years

disruption path:
machines conduct mundane tasks evolving to complex tasks
man-power for these tasks becomes defunct and surplus to requirement
people are replaced by machines
repeat

A short summary of the disruption that will happen in the next 10 years to an industry that has lasted for 100's of years.

Keywords: banking, future of banking, investment banking, retail banking

JEL Classification: G10, G20, G21

Suggested Citation

Fernandez, Steve, Prediction: Virtual Banking (VB) to Replace Modern Day Banking Function in Next 10 Years (December 15, 2018). Available at SSRN: https://ssrn.com/abstract=3301997

Steve Fernandez (Contact Author)

Modus Operandi, Inc. ( email )

London
United Kingdom

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