The modern banking and finance system that we all know of isn't really all that modern and tech-savvy. With a model that existed for decades, or even centuries, the finance industry has one of the highest resistance to new technology. Only up till recently, with fear of how start-ups are able to disrupt their shares of the pie, they are opening up to collaborate to improve the uptake of technology into the system. Even so, the latest technology adoption with significant impact to consumers are mobile banking internet banking. In terms of distribution channels, the banks are now able to spread across the country without relying on brick-and-mortar branches which could cost a serious dent on their profits. However, all these are under threat as tech giants releases more services such as Apple Pay and Google Wallet which could steal transactions away from the banks. While all these innovations alter ......