The iPhone started the revolution. Facebook will finish us off. They’ve figured out how to become a bank while usurping banking laws. We’re totally screwed.
https://www.yahoo.com/finance/m/ad7e835f-5e89-309d-9169-bceddb823172/facebook-will-soon-have.html
Average cost to deposit a check at a branch? $4.00
Average cost to deposit a check at an ATM? $O.40
Average cost to deposit via phone?
$0.04
Technology is increasing customer satisfaction and convenience exponentially while simultaneously decreasing costs (ie people needed to do the work) by orders of magnitude. And that’s just check transactions. Clearing trades, transferring money, contracts, will all experience the same phenomenon via blockchain technology.
If you can’t see it you’re experiencing the ostrich effect and are doomed in the next 5 years. 5G is going to change the world.
Same post under Wells Fargo.
Troll.