Ignoring Innovation & Disruption
Despite the banking system that is conventional threatening, associations that are established turn a blind eye with. According to a recent Finextra article, those blinds come on.
When looking at a financial institution’s ordinary board members, Generation X appears to becasinos special bonuses sites casino heroes review These people make up the pre-disruption generation who doesn’t like change. Moreover, since things have been going well for numerous decades, there is no point in changing a winning formula and bitcoin casino no deposit bonus 2015.
Challenger banks are often touted to disrupt traditional banking, but that may not be true. Rather the appeal of business models that were tamer lures in them. In fact, there’s a fantastic chance some of challenger banks will end up a different”taste” of conventional banking, despite attempting to seem disruptive to the external world.
Bankers Lie At Every Turn
Bankers have a propensity to lie, or turn words in their favor. Than they want to admit financial institutions are far less concerned with individual customerswhich bitcoin wallet is good for ignition casino bitcoin casino with no deposit required Independent Digital Banking Consultant Duena Blomstrom told the world, and witnessed the situation first hand:
When we say we’re building disruptive new models which will integrate money into bigger digital contexts, but we do not have the backend technologies to even begin to comprehend the data, we lie. When we understand as a customer, as a human, that our needs are nowhere close to met with our cash holder in our interaction, but we spend no time seriously studying those needs and feelings but say we do, we lie.
That statement seems to hold a whole lot of merit where blockchain technology in the sector is concerned. Numerous banks are currently researching Bitcoin technology to sound disruptive. But hardly any of time recognize how the technology works or what it requires to yield results. Creating a blockchain will have no impact whatsoever, and it’s nothing more than another lie.
It is necessary for bankers and customers to bear the current status quo will not hold forever. Change is coming, whether bankers enjoy it or not. Consumers are currently directing these changes, and programmers are currently creating the technology. The standard, like the Bitcoin blockchain, is becoming the standard.
What are your thoughts on these revelations from the world of bankers? Tell us in the comments below!
Source: Finextra
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