Why the current banking system is doomed

I hope its in the right section.

a doomsday scenario for banking…

www.futuristspeaker.com/job-opportunities/five-tipping-points-that-show-why-our-current-banking-system-is-doomed/

Er- video-enabled ATMs? Really? Do you want to discuss mortgages with an agent via an ATM? Hillarious! Haven’t legacy banks heard of :iphone:?! :laughing:

Put in decent :coffee: and high speed internet and I might go into a bank- oh wait, my local coffee shop has that…

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Isn’t that exactly what ING Direct’s strategy was?

It was considered by many banks. Nationwide was spending a fortune on teleprence video conferencing. The idea was that high net worth people would walk into a branch and discuss investments with online experts.

Why do I want to walk into any branch? The only time I did this was to open my account. It took an hour!

They don’t even have coin counters! I have to bag up my change and put them in plastic bags. What century are we living in?

That said I do treat myself to a cuppa when in central and have time to kill (e.g. the Virgin Money hang out lounge).

Why don’t they just put bankers in Costa? :sunglasses:

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Last time I was in Costa is was full of bankers.

I think I’m saying that right…

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