5 trends fuelling change in financial services, exec says

PayPal CEO Dan Shulman said at the World Economic Forum in Davos, Switzerland, that he expects a worldwide transformation of financial services, driven by a digitisation of money, a mass migration to mobile, a growing mountain of data, a blurring of industry boundaries and a focus on security. Shulman expects no decisive winner from the competition between conventional banks and financial-technology companies. SmartBrief/SmartBlog on Finance (1/22)