Friday, 22 July 2016

"Bank to the FinTech" Why Banks of the Future Won't Use Cash | Chris Richards Finteched | Pulse | LinkedIn

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In the future, social networks such as Facebook will become a new type of bank - a bank of your social credit. If you have poor social credit scores, people will be less likely to do business with you. Those with positive social values or high Klout scores will get better deals or superior rates of lending.

From "Bank to the FinTech" Why Banks of the Future Won't Use Cash | Chris Richards Finteched | Pulse | LinkedIn

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Reputation will become a real social currency.

From "Bank to the FinTech" Why Banks of the Future Won't Use Cash | Chris Richards Finteched | Pulse | LinkedIn

I couldn’t agree more. It’s almost as if your identity was a new form of, well. money.

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