Bankers Lie At Every Turn 777Coin app

Ignoring Innovation & Disruption

Despite the banking system threatening, a blind eye turns with. According to a recent Finextra article, those blinds come on.

Generation X appears to be, when looking at the board members of a financial institutionbitcoin casino canada review best bitcoin casino 2018 These individuals make up the generation who does not like change all that much. 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 banking, but that might not be the case. Rather they’re lured in by tamer business models’ appeal. In fact, there’s a fantastic chance some of challenger banks will become a different”taste” of traditional banking, despite attempting to seem disruptive to the external world.

Bankers Lie At Every Turn

Bankers have a strong tendency flip words, or to lie. Financial institutions are far less concerned with customers than they want to admitbitcasino site Independent Digital Banking Consultant Duena Blomstrom told the world, and witnessed the situation firsthand:

When we say we are building disruptive new versions 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. We lie when we know as a consumer, as a human, that our needs are close to fulfilled in our interaction but we spend no time seriously analyzing those feelings and needs but say we do.

Where blockchain technology in the financial industry is concerned that statement appears to hold a lot of merit. Banks are currently exploring technology that is Bitcoin to sound disruptive. But very few of time recognize what it needs to yield benefits or how the technology works. Creating a new blockchain will not have any impact whatsoever, and it’s nothing more than another lie.

In the end, it is necessary for bankers and customers to bear in mind the current status quo won’t hold. Change is coming, whether bankers like it or not. Consumers are currently directing these modifications, and the technology is being created by programmers. The open standard, like the Bitcoin blockchain, has become the standard.

What are your thoughts on these revelations in the world of bankers? Tell us in the comments below!

Source: Finextra

Images courtesy of Shutterstock, Business 2 Community

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