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Millennials Are Ready for the Bank of Amazon

Millennials Are Ready for the Bank of Amazon

January 23, 2017

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Amazon wins, once again, at a game it didn’t even know it was playing.

According to a Jan. 11 survey from Accenture, millennial participants would consider parking their money with nontraditional institutions, and they picked winners.

Attractive alt-banking contestants included Apple and Facebook, but it was Google, and of course, Amazon, that emerged with the laurels.

Versions of this survey — and surveys saying the opposite, that millennials do trust banks — have been making the rounds in the industry for some time.

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