No, not technology in Finland. Last night on 60 minutes they had an interview with the co-founders of an online banking ... app, called Stripe. In the video they stated that 25% of the millennials said they preferred going to the dentist versus going to the bank. Really??? Again, they want to do everything from/on their phone. Okay, so I use my computer to pay bills on line, but even with that I'm careful. No, DON'T remember me (and my user name and password) for this site, I type in my user name and password. I don't use the same user name and password on various sites - but how many people do this? After watching 60 minutes last week on how easy it is to hack cell phones, the LAST thing I want is to use electronics more than necessary. I don't use banking apps on my phone, NOTHING is THAT important to me in banking that I have to have it and have it NOW.
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No, not technology in Finland. Last night on 60 minutes they had an interview with the co-founders of an online banking ... app, called Stripe. In the video they stated that 25% of the millennials said they preferred going to the dentist versus going to the bank. Really??? Again, they want to do everything from/on their phone. Okay, so I use my computer to pay bills on line, but even with that I'm careful. No, DON'T remember me (and my user name and password) for this site, I type in my user name and password. I don't use the same user name and password on various sites - but how many people do this? After watching 60 minutes last week on how easy it is to hack cell phones, the LAST thing I want is to use electronics more than necessary. I don't use banking apps on my phone, NOTHING is THAT important to me in banking that I have to have it and have it NOW.
Here is a video with one of the founders of Stripe.
www.youtube.com/embed/C5mM5dlcHeg
And here is the interview from 60 minutes (I couldn't get it to play for me, but maybe you can - its the one labeled Fintech)
http://www.cbsnews.com/videos/topics/60-minutes/