Author Archive

Are branches making a comeback?

July 29, 2019

In recent years there has been a glut of headlines the likes of Wells Fargo to close 900 branches, Banks Will Be Obsolete Within 10 Years, and 6 Banking Services That Will Be Obsolete in 10 Years, on which the first item was “Bank Branches and Bank Tellers.” Indeed, a scant two years ago, none other than Yours […]

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Dirty digital

July 22, 2019

Which payment system is the most germ-free? In the wake of New York University’s 2014 Dirty Money Project, the switch from paper to digital currency was probably welcome news for germophobes. That was the study that revealed that some 3,000 varieties of bacteria hang out on the average American dollar bill.  Most of the bacteria, of course, are […]

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Strong Customer Authentication (SCA) is a scant three months away. Will the EU be ready?

July 15, 2019

Chances are it won’t come as much of a shock that the middle of September is about nine weeks away. Most years, that’s the usual interval between the middle of July and the middle of September. But this year, something promises to make the middle of September a little different: On the 14th, Strong Customer […]

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Whatever happened to …

July 8, 2019

Now and then comes an innovation poised to change the world. But then years pass, and suddenly someone says, “Whatever happened to …” That’s when we realize that, contrary to expectation, no one really wanted Crystal Pepsi, a Segway, an Apple Newton (the handheld device), an Apple Newton (the cookie), or Chippy after all. Marketing […]

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Facebook Bank,
& Trust Issues

July 1, 2019

By the time my youngest is old enough to ask me what a bank is, you can bet I won’t have a concise answer. Were I to give it a stab right now, it might go something like this: “That toy pig on your shelf, the one with a cork in its belly, that’s a […]

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& Trust Issues