Fintech digest: dissatisfied with online banking due to lack of “humanity”; $ 10 billion worth of bitcoins stored in Switzerland
Last week was relatively calm, which cannot but rejoice - there were not so many negative news. But there were newsmakers, and in today's digest we will talk about why users are dissatisfied with online banking, where bitcoins worth $ 10 billion are stored and how much Xiaomi can evaluate when they
First about banking. According to a JD Power study, approximately 30% of US bank customers surveyed only work with them through online channels. These are mobile and online banking. And just among these clients there are most of all those who are dissatisfied with the quality of service from the bank.
Among those clients who communicate with representatives of the bank in person, visiting branches, there are significantly fewer people unhappy. And here’s the paradox - for some reason, “digital” users complain about the lack of “humanity” in online services (apparently, it means that there’s no one to talk to if necessary). Who would have thought ...
The other day there was news on the network that the Haro cryptocurrency startup, whose equipment is located in a special bunker in the mountains of Switzerland, already stores about 7% of the total amount of bitcoins mined to date.
At the current exchange rate, this is about $ 10 billion. The size of start-up deposits is more than the amounts in the accounts of 98% of US banks. And this cold store, as far as you can understand, online hacking a startup with the goal of fundraising is simply impossible. And the protection system in the bunker itself is very reliable. For example, fingerprint scanners here are equipped with heart rate sensors in order to exclude the possibility of using cut off fingers or their impressions.
In Russia, meanwhile, decided on the status of bitcoin. He was recognized as property during a bankruptcy court hearing. The debtor, Ilya Tsarkov, owed money to Alexei Leonov. But then the debtor declared himself bankrupt, stating that he had no funds to pay the debt. However, he has 0.2 bitcoins totaling $ 1.8 thousand at the current exchange rate. The amount is insignificant, but a court decision may have an effect on the entire cryptocurrency segment in the Russian Federation.
And the manufacturer of smartphones from China, Xiaomi, has filed an application for an initial public offering of its shares on the Hong Kong Stock Exchange. The startup, which was founded eight years ago by ex-employees of Google and Motorola, can now raise about $ 10 billion on the exchange. At the same time, investors estimate the company at $ 100 billion.
The placement of shares will be carried out through financial advisers in the person of the Chinese company Citic and the American banks Goldman Sachs and Morgan Stanley. An IPO is planned for this year, unfortunately, the exact dates are not reported. If everything works out as analysts predict, then Xiaomi's IPO will be the largest this year.
And by the way, now many seek to get rid of paper money and work only with electronic money. Sweden has achieved tremendous success in this regard. In particular, now only about 2% of transactions in this country are made with cash. Analysts at Capgemini BNP Paribas claim that by 2020 this share will drop to 1%. Everything seems to be fine, but the head of the Central Bank of Sweden Stefan Ingves saysthat due to the massive use of cashless payments, the country is in danger - in the event of the next financial crisis, huge problems may arise. The fact is that during periods of crisis, the population is always stocked up with cash, because they are guaranteed by the state. And if there is no cash, then there will be no stability.