As 2 chainz said "big bank takes little bank"
Clearly not true in the financial world. Little banks are going to override the current system if they adapt like offshore systems or credit unions.
Topic: Offshore banking rises popularity as US drops from 'top 20 cleanest countries' - page 2. (Read 304 times)
August 29, 2019, 09:50:36 AM
August 29, 2019, 09:38:29 AM
So what do you guys think. Digital asset banking the way forward?
August 29, 2019, 06:51:02 AM
In a more recent study the US has been revealed as being sub-par to the top 20 cleanest countries in terms of corruption. This has lead to more and more citizens within the US using offshore banking. This research was done by Transparency international ranks. (including 180 countries). Many Caribbean countries are close to outdoing the US in this area.
"Over the past decade, banking has changed in several ways, most notably moving from a more traditional sense to a digital, online format. Nowadays, it is commonplace for the younger generation to conduct the majority - if not all - of their digital banking online. With this surge in readily available online banking services, offshore banking has also seen a rise in popularity.
In the US, online digital banks like EQIBank are breaking the mould and introducing a new form of banking to everyday citizens and corporate clients alike. As the world's first licensed and regulated offshore bank, EQIBank requires no minimum account balance, features 24/7 accessibility, and offers customers a choice of over 100 currencies. Founded by former members of HSBC, Credit Suisse, and UBS, EQIBank recently upgraded its services to offer customers up to $50 billion in custody for alternative assets."
As we look forward, tighter regulations and stricter protocols allows for a safer future in banking, and a much more trustworthy one. Combined with low transaction fees for 'unbankable' individuals it seems offshore banking with digital assets is the way forward
Source - https://www.fxstreet.com/analysis/offshore-banking-gains-appeal-as-the-us-falls-out-of-top-20-least-corrupt-countries-201908280841
"Over the past decade, banking has changed in several ways, most notably moving from a more traditional sense to a digital, online format. Nowadays, it is commonplace for the younger generation to conduct the majority - if not all - of their digital banking online. With this surge in readily available online banking services, offshore banking has also seen a rise in popularity.
In the US, online digital banks like EQIBank are breaking the mould and introducing a new form of banking to everyday citizens and corporate clients alike. As the world's first licensed and regulated offshore bank, EQIBank requires no minimum account balance, features 24/7 accessibility, and offers customers a choice of over 100 currencies. Founded by former members of HSBC, Credit Suisse, and UBS, EQIBank recently upgraded its services to offer customers up to $50 billion in custody for alternative assets."
As we look forward, tighter regulations and stricter protocols allows for a safer future in banking, and a much more trustworthy one. Combined with low transaction fees for 'unbankable' individuals it seems offshore banking with digital assets is the way forward
Source - https://www.fxstreet.com/analysis/offshore-banking-gains-appeal-as-the-us-falls-out-of-top-20-least-corrupt-countries-201908280841
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