23. September 2012 06:21
Remember when you had to go to the bank to deposit a check or get cash?
Remember when you had to actually lick a stamp and mail your bills?
Remember when you had 5 days of float when you wrote a check to the opposite coast?
Remember how cool it was to visit something called an ATM and it would magically spit out money?
Remember when you had to wait in line at the grocery for the person in front of you to write a check to pay for their purchase?
Remember when Julius Caesar’s face was on coins?
Remember when you hated to miss work on Friday because you wouldn’t get your paycheck until the next Monday?
Remember all those statements in your mailbox?
The rapid pace of new technology is changing how we live. Banking is changing. The way we use money is changing. Fifty years ago who would have thought about paying with plastic or depositing a check with a phone.
We’re already “texting” people money. Paying with a virtual wallet on a smartphone is around the corner. Fifty years from now? Who knows?