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Posted by Kelly22
Consumers may trust banks more than they trust tech companies, but that statistic Luvleen mentions early on is a wake-up call. If over 70% of millennials would rather receive financial services from Google/Amazon/Paypal...
In reply to: Competition
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Consumers may trust banks more than they trust tech companies, but that statistic Luvleen mentions early on is a wake-up call. If over 70% of millennials would rather receive financial services from Google/Amazon/Paypal...
In reply to: CompetitionPost Your Own Reply
Posted by Kelly22
Good point. Sometimes I feel underprepared just carrying a card, in case I end up in one of those pesky cash-only places. Even if mobile wallets become popular, I'll probably continue carrying my actual wallet as a backu...
In reply to: Re: Cards are still easier
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Good point. Sometimes I feel underprepared just carrying a card, in case I end up in one of those pesky cash-only places. Even if mobile wallets become popular, I'll probably continue carrying my actual wallet as a backu...
In reply to: Re: Cards are still easierPost Your Own Reply
Posted by Greg MacSweeney
I know virtual currency supporters do not want to see any sort of regulation or oversight. However, the wild west mentality when it comes to the v-currencies is one of the reasons why adoption is lower than it should be....
In reply to: Oversight is needed
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I know virtual currency supporters do not want to see any sort of regulation or oversight. However, the wild west mentality when it comes to the v-currencies is one of the reasons why adoption is lower than it should be....
In reply to: Oversight is neededPost Your Own Reply
Posted by Greg MacSweeney
Cards are still easier to use, since they are accepted at almost all retailers. Even if mobile wallets take off, it will be many, many years before consumers can leave their card(s) at home.
In reply to: Cards are still easier
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Cards are still easier to use, since they are accepted at almost all retailers. Even if mobile wallets take off, it will be many, many years before consumers can leave their card(s) at home.
In reply to: Cards are still easierPost Your Own Reply
Posted by Greg MacSweeney
Apple's passbook can store certain information from Apple partner companies, such as Starbucks, United Airlines, Starwood Hotels and more. But is it really a digital wallet in its current form? You have to have the Starbucks,...
In reply to: Is Apple's Passbook really a wallet?
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Apple's passbook can store certain information from Apple partner companies, such as Starbucks, United Airlines, Starwood Hotels and more. But is it really a digital wallet in its current form? You have to have the Starbucks,...
In reply to: Is Apple's Passbook really a wallet?Post Your Own Reply
Posted by Greg MacSweeney
And US consumers trust banks more than this guy too:
In reply to: Re: Is this good news?
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And US consumers trust banks more than this guy too:
In reply to: Re: Is this good news?Post Your Own Reply
Posted by Greg MacSweeney
Good question: "Consumers trust banks, but compared to what?"
I'm pretty sure they trust banks more than this guy:
LOL!
In reply to: Re: Is this good news?
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Good question: "Consumers trust banks, but compared to what?"
I'm pretty sure they trust banks more than this guy:
LOL!
In reply to: Re: Is this good news?Post Your Own Reply
Posted by begz
A good article stating valid points. The mobile era definitely dictates its rules in every aspect of economics and life. Nowadays a bank isn't obliged to open many branches, hire staff, make huge capital investments to grow...
In reply to: Right in the bull's eye
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A good article stating valid points. The mobile era definitely dictates its rules in every aspect of economics and life. Nowadays a bank isn't obliged to open many branches, hire staff, make huge capital investments to grow...
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Posted by KBurger
I guess this reflects well (or at least OK) on banks, but I think it's really kind of damning with faint praise. Consumers trust banks, but compared to what? But I do think this also shows that security capabilities and...
In reply to: Is this good news?
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I guess this reflects well (or at least OK) on banks, but I think it's really kind of damning with faint praise. Consumers trust banks, but compared to what? But I do think this also shows that security capabilities and...
In reply to: Is this good news?Post Your Own Reply
Posted by klynch194
So what do readers think about the new Visa Checkout, a more limited purpose wallet that Visa hopes will overcome the lack of understanding / lack of adoption conundrum?
In reply to: Re: PayPal vs. The Competition
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So what do readers think about the new Visa Checkout, a more limited purpose wallet that Visa hopes will overcome the lack of understanding / lack of adoption conundrum?
In reply to: Re: PayPal vs. The CompetitionPost Your Own Reply
Posted by KBurger
Good points. Yes, definitely an argument against both the "quick fix" that doesn't really fix anything and potentially creates more problems down the line, but also an argument for "perfection is the enemy of the good" (sorry...
In reply to: Re: Architecture/culture
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Good points. Yes, definitely an argument against both the "quick fix" that doesn't really fix anything and potentially creates more problems down the line, but also an argument for "perfection is the enemy of the good" (sorry...
In reply to: Re: Architecture/culturePost Your Own Reply
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