Will Starbucks be your future bank?

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Probably not if you live in Wellington, but it is a possibility if you live in the States and enjoy dreadful coffee. Marcus Wohlsen of Wired explains some of the future banking possibilities in this article.

As I thought about writing this post I saw this in the news. Yes, the Warehouse is dipping into the financial services industry, including insurance. While this is not a new thing for the New Zealand market as New World and Pak ‘n Save once had a banking arm it will be interesting to see how it plays out.
Marty

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