Author Archive
IN A DEVELOPMENT reminiscent of New Coke and Coca-Cola Classic (or, if you prefer, of a bisected hydra), Bitcoin split in two on August 1. As the industry puts it, Bitcoin reached a “hard fork,” dividing itself into “classic” (my word, not theirs) Bitcoin and Bitcoin Cash. No one was surprised. The metaphorical fork had […]
“Get ready,” Forbes advises China, Egypt, and Mexico. Contributor Madhvi Mavadiya writes that it won’t be long before “… access to financial services will be simplified and made more available to the unbanked and underbanked in these three regions.” This important development is thanks largely to the efforts of the World Bank Group, the Bill […]
With every Siri, Alexa, Google Assistant, and Cortana upgrade, conversations about AI—artificial intelligence—inevitably arise. Also inevitably, out roll the usual questions from definitions to ethics, usually set against the backdrop of a dystopian future. But in the here and now, the growth and status of AI-like applications portend no small developments for the financial services […]
CERTAIN MARKETING tactics, legal though they may be, can be troublesome. Today’s ambivalence du jour concerns direct voicemail messaging. As its name implies, direct voicemail messaging sends a prerecorded message straight to voicemail. Since phones do not ring and charges for minutes do not rack up, Do Not Call laws don’t apply. Companies that provide […]
Returning from a camping trip, Henry Ford, yes, that Henry Ford, saw a farmer repairing a car. That the farmer’s car wasn’t a Ford didn’t stop Henry, an irrepressible tinkerer, from hopping out of his own car, which was a Ford, to help. In no time the farmer’s car was running again, whereupon the farmer offered […]