Bank 4.0: Banking Everywhere, Never at a Bank

by Brett King

In the United States, only eight percent of the population exhibit the ability to be that disciplined14. Which, for the same reason as dieting fails, means that 92 percent of us will never be able to budget effectively even with a digital tool. Fitbit style bands, calorie and step counters, and a quantified self approach to fitness, on the other hand, have generally had greater statistical success in improving health. The same will undoubtedly be true of AIs that aid us in gaming our financial behaviour. Whether that is via raising awareness, limiting our spending or simply increasing moments we think about saving.