30 Nov '14, 2pm

TransferWise's Co-Founder On Banks, Bitcoin and Branson

TransferWise is a leading light in London’s flourishing fintech scene. I caught up with Taavet Hinrikus, co-founder of the high profile peer-to-peer money transfer service, for his thoughts on financial services. You’re not afraid to attack banks for failing their customers on exchange rates – does this criticism extend to other banking industry practices? Definitely. There are so many instances in banking where free simply doesn’t mean free. Whether it’s opaque overdraft charges or credit card providers that are quietly raising interest rates without customers noticing. Costs should always be presented upfront so that consumers can make informed choices and get a fairer deal. Do you think Britain’s challenger banks are offering anything better than the big banks? Absolutely. Competition and variety in financial services are always good things. It’s great that challenger b...

Full article: http://www.forbes.com/sites/philipsalter/2014/11/30/trans...

Tweets

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Why banks fear Bitcoin via @FortuneMagazine

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Bitcoin is the True Paypal

Bitcoin is the True Paypal

cryptocoinsnews.com 29 Nov '14, 4pm

Updated: November 29, 2014 at 6:33 pm CET. Ken Miller is the COO of Gem, a simple and secure Bitcoin platform for develope...