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A new Wall Street is being paved in Silicon Valley
Antony Jenkins, former CEO of Barclays, predicted last week that the "unstoppable force" of technology will lead to a number of "Uber moments" over the next decade that will greatly disrupt banks, according to The Guardian.
Google became a licensed mortgage broker this week after launching Google Compare, which allows people to compare lending options after plugging in their credit score, down payment size and property value.
The new venture by the Internet titan is the latest in "fintech" (a portmanteau for financial technology), which has Silicon Valley testing the waters of the financial services market.
by Daniel Bendtsen
Full Story: http://www.deseretnews.com/article/865642966/A-new-Wall-Street-is-being-paved-in-Silicon-Valley.html
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