Issue 323

International

News / International 2271 Views 0

People have too many accounts these days. 20 years ago most people just had an account at one bank to fulfill most of their financial needs like paying, saving and investing. It was insured and the standard way to go. Today deposit accounts are like money hubs that funnel money away to specialized services the minute it arrives. Be it a crypto account, P2P lending, crowdfunding, de-fi, robo advisors, secondary bank accounts, Paypal, reward wallets you name it. That increased complexity can only be handled by additional aggregators to help monitor and to manage these accounts. Those were the days when things were simple.

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