A group of banks has joined forces to develop new digital services in a bid to fend off competition from a swathe of technology start-ups looking to transform the financial services sector.
BBVA, ING, Standard Bank, Bank of Ireland, and Turkish bank Garanti have partnered with fintech consultants Claro Partners and Anthemis Group to conduct a study of the financial habits of so-called "digital natives" - the generation that has grown up with digital technology.
