Mobile Only Banking

A Hand-held Revolution
[courtesy Google Images]

According to the video, there are now ten banks in the world that are “mobile only”.  That means these banks have no vaults, no tellers, no ATMs, or branch offices.  You can’t even access these banks by means of your desktop computer.  They are only accessible by means of smart phones.

As I said, “mobile only” banking marks a revolution.  This revolution points towards a purely digital, global currency.  The question is, can this “revolution” withstand the dangers of digital currency, digital banking and hackers?

video     00:06:20

http://thenationalrealestatepost.com/mobile-only-banks-the-new-rage/