Electronic payments is moving vending machines out of the gumball era. About half the vending machines in the United States are still cash-based; a sad reflection on the industry’s slowly modernizing technology. The technology gap extends far beyond payments, however, lagging in user interfaces, machine management, inventory management, merchandising, etc. Exciting technologies and applications are available for vending machines. The question is whether these will be deployed in time to grow the industry or whether some surprising competition will present itself that is better positioned for success.
Thursday, 11 July 2019
The future of financial services
It is not enough to just import technologies like AI, blockchain or smartphones into existing financial services, says futurist and fintech entrepreneur Brett King. To stay in business, banks need to rethink the role their business plays in their customers’ lives. King paints a vivid picture of how Jack Ma, robo advice and quantum computing will shape the Bank 4.0.
About the Speaker: The futurist and best-selling author of books like “The Augmented” and “Bank 4.0” founded the fintech Moven, the world’s first mobile, downloadable bank account. He also advised the Obama administration on fintech policy. His radio show “Breaking Banks” reaches 3.6 million people in 140 countries.
About the Speaker: The futurist and best-selling author of books like “The Augmented” and “Bank 4.0” founded the fintech Moven, the world’s first mobile, downloadable bank account. He also advised the Obama administration on fintech policy. His radio show “Breaking Banks” reaches 3.6 million people in 140 countries.
Tuesday, 9 July 2019
Blockchain Banking Boom & Big Tech Busts
From Boom Bust.
"As new forms of FinTech are forming and taking the world by storm, has traditional banking become obsolete? Aly Madhavji, of the Blockchain Founder’s Fund in Taipei, Taiwan breaks down all the booms of the budding blockchain industry.
Also, with all eyes on Bitcoin, some people have yet to hear of some altcoins that are shaking up the sector; Raakhee Miller, the CEO of Bitsian is on hand to delve into the details of the overshadowed coins. And he’s the entrepreneur that the world loves to hate, but who is the man behind the Musk? RT Correspondent Natasha Sweatte gives an inside look at the life and list of accomplishments for Tesla CEO Elon Musk.
Finally, tech has come a long way in the past couple of decades, but for every big invention, there are countless tech busts; Investigative Journalist Ben Swann lends us a hand to sift through some of the biggest whiffs in the digital era."
"As new forms of FinTech are forming and taking the world by storm, has traditional banking become obsolete? Aly Madhavji, of the Blockchain Founder’s Fund in Taipei, Taiwan breaks down all the booms of the budding blockchain industry.
Also, with all eyes on Bitcoin, some people have yet to hear of some altcoins that are shaking up the sector; Raakhee Miller, the CEO of Bitsian is on hand to delve into the details of the overshadowed coins. And he’s the entrepreneur that the world loves to hate, but who is the man behind the Musk? RT Correspondent Natasha Sweatte gives an inside look at the life and list of accomplishments for Tesla CEO Elon Musk.
Finally, tech has come a long way in the past couple of decades, but for every big invention, there are countless tech busts; Investigative Journalist Ben Swann lends us a hand to sift through some of the biggest whiffs in the digital era."
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