For those who don’t know, Bitcoin is a peer-to-peer payment system and a digital currency. Bitcoin with the capitalized “B” is the payment system and bitcoin with the lowercase “b” refers to the currency. In theory, Bitcoin digitizes the payment system and offers protections from identify theft, debit/credit card fraud, and other forms of modern day financial intrusions. Despite this, many government agencies aren’t fond of the system as the anonymity creates ... [More]
Technology is continuously changing the world we live in and how we as humans interact with others. For better or for worse, technology is continuously changing our everyday lives. I want to focus on how future technology could potentially change the way we interact with our bank. Two highly anticipated and talked about products expected to be released in the near future are the iWatch from Apple and Google Glass from Google. These two products have the potential to revolutionize the way we live... [More]
When you think of managing your finances, what’s the first thing that comes to mind? Do you envision walking into a bank branch to conduct transactions? Or do you immediately think of signing into online or mobile banking? For many people and for most transactions, it’s the latter. Over the past few years, the landscape of financial management, and banking in particular, has changed drastically in that you as the customer are put in control.
According to Serge van Dam, VP of Mobil... [More]