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Ignoring Innovation & Disruption

Regardless of the traditional banking system threatening, institutions that are established turn a blind eye with. According to a Finextra article, those dividers come on as soon as people become decision makers in banking.

Generation X appears to be when looking at the ordinary board members of a financial institutionbitcoin casino instant deposit bitcoin wallet ignition casino These people make up the pre-disruption generation who doesn’t like change all that much. Moreover, since things have been going well for multiple decades, there isn’t any point in changing a winning formula and bitcoin casino no deposit bonus 2015.

That may not be true, although challenger banks are often touted as the ones to disrupt banking. Rather than avoiding the pitfalls of their predecessors, they’re lured in by business models’ appeal. In actuality, there’s a fantastic chance a portion of challenger banks will become a different”flavor” of traditional banking, despite attempting to seem disruptive to the outside world.

Bankers Lie At Every Turn

Bankers have a strong tendency flip words, or to lie. Than they need to admit financial institutions are far less concerned with customersArticole din bitcoincasinoreview.net Independent Digital Banking Advisor Duena Blomstrom told the world, and witnessed the situation firsthand:

When we say we’re building disruptive new versions that will integrate money into bigger digital contexts, but we don’t have the backend technologies to even begin to comprehend the information, we lie. We lie when we understand as a human, that our needs are nowhere close to met in our interaction with our cash holder, but we spend no time studying those feelings and needs but say we do.

Where blockchain technology in the sector is concerned, that statement appears to hold a lot of merit. Numerous banks are researching Bitcoin technology to sound disruptive. But very few of time recognize what it needs to yield results or how the technology works. Developing a new blockchain from thin air will not have any impact whatsoever, and it’s nothing more than another lie.

It is necessary for customers and bankers to bear in mind the present status quo will not hold forever. Change is coming, not or whether bankers like it. These modifications are being directed by consumers, and developers are currently creating the technology to accommodate these requirements. The standard, like the Bitcoin blockchain, is becoming the new norm.

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

Source: Finextra

Images courtesy of Shutterstock, Business 2 Community

Source: bitcoincasinoreview.info

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