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matt carnes
Modern MBA
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Comments by "matt carnes" (@thewhitewolf58) on "Western Union: Banking \u0026 Finance for the Poor" video.
@YESITSWILL Was it some issue with a lack of confidence in banks?
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Honestly you make them sound decent. Sending and receiving money anywhere, rather quickly with just an ID and code. Though banks to seem snobby and outdated when your doing anything more advanced than using your direct deposit paycheck to buy in store or online. I say that because 1 Despite being a business, banks seem to be alergic to being open. They have bare minimum hours. Most other businesses outside clubs and bars would fail under those lack of hours. 2 In a highly digital era banks take actual days to get things done. You would think with everything running on high end machines, that you would be able to complete money transfers or get checks verified in minutes. Banks act they still run on messenger pigeons.
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Do love that. It feels like the regular business is running a side hustle with western union. They get free money with money transfers, and there is a half chance that the customer will use some of their new wealth buy an item or 2 while they are there.
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