Are banks about to get “Serve”d?

Jack Blog

June 27th, 2011 By Jack Morton

First it was PayPal eliminating the need to write checks, transfer or wire money. Now with Amex’s Serve, you can email your daughter her gas money—or the babysitter the $60 she earned while you slept through the movie. So not only are brick-and-mortar banks on the way out. But banks’ days in general may be numbered.