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  • Frank Tian

Everyone is a Bank

Before 2008: separation of financial services from retailers.

Now: retailers embrace financial services again.


Why?

Technology.


APIs.

Smartphones.

New services vendors.


Financial services

Become more accessible

For both providers and end-users.


In this Wired article,

The author points out that

Now every business could become a bank.


I would go one step further.

Given more technology development,

Everyone could become a bank.


After all,

Everyone already could be

An actor,

A producer,

A publisher.


When the opportunity is right,

Do you want to be a bank?


*Consumer credit book, courses, newsletter: https://www.franktian.net



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