Ignoring Innovation & Disruption

Regardless of the banking system being threatened by the sheer amount of innovation, a blind eye turns with. According to a recent Finextra article, those dividers come on.

Generation X seems to be dominant everywhere we look, when looking at the ordinary board members of a financial institutioncloudbet scam These individuals make up the pre-disruption generation who does not like change all that much. Moreover, since things have been going well for multiple decades, there is no point in changing a winning formula and bitcoin casino no deposit bonus 2015.

That may not be true, although challenger banks are often touted to disrupt banking. As opposed to avoiding the pitfalls of their predecessors, they’re lured in by the allure of business models. In actuality, there is a good chance a portion 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 turn words in their own favor, or to lie. Financial institutions are concerned with individual customers than they want to admitExplore the bitcoincasinoreview.net Independent Digital Banking Consultant Duena Blomstrom told the world, and witnessed the situation firsthand:

When we say we’re building disruptive new models which will integrate money into bigger digital contexts, but we do not have the backend technology to even begin to comprehend the information, we lie. When we understand as a human, that our needs are near to met in our interaction but we spend no time analyzing 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 industry is concerned. Numerous banks are exploring technology that is Bitcoin to sound disruptive. But very few of time recognize how the technology works or what it needs to yield results. Creating a blockchain will not have any impact whatsoever, and it’s nothing more than another lie.

In the long run, it is important for consumers and bankers to keep the current status quo will not hold forever. Change is coming, not or whether bankers like it. Consumers are currently directing these modifications, and developers are currently creating the technology to accommodate these requirements. The open standard, like the Bitcoin blockchain, has become the norm.

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

Source: Finextra

Images courtesy of Shutterstock, Business 2 Community

Source: bitcoincasinoreview.net