5 Results from 2020
Chris Principe CEO at APB, Inc.
Who can it be now? Who can it be knocking at my door? Go 'way, don't come 'round here no more. Who can it be now? These 1981 lyrics of Men at Work foretold the usage of Facial Recognition (FR) today. The changes brought on by the great pandemic of COVID-19 have given governments a justifiable reason for the increase of CCTV cameras using FR technol...
30 November 2020 /payments /crypto The Payments Business
UnBanking the Banked Time to stop the monkey see, monkey do nonsense. The idea of money started with rocks to seashells to gold to paper notes. This has been the greatest magic illusionary trick ever. The system of money is based on our belief that it is real because the banks have conditioned us to believe it is. They have done a good job divertin...
17 September 2020 /startups /inclusion Operational Risk Management
Bond-Fires of the Vanities, The US Government plan to save the Bond Market, Many of you may remember the 1987 Tom Wolfe book that became the 1990 movie “Bonfires of the Vanities”. The story is about a Wall Street hotshot who watches as his high-flying lifestyle goes down in flames. The origin goes back to Florence, Italy, 1497, when the spiritua...
08 June 2020 /wealth /crypto The Payments Business
Deposit Cash, Get Arrested! Banking has evolved more in the last few years than in the last few decades. The main reason is technology closely followed by regulation. The famous statement that “Cash is King” is no more! Banks, due to regulation and to limit their own risk, have been working with government to limit our usage of cash. A good examp...
10 March 2020 /crypto /covid-19 Blockchain in Banking and Financial Services
CRYPTO or GOLD It’s the start of a new year and a new decade! I am feeling great because I am back in my twenties again! As I recall my twenties and early banking career, I realize how my thinking has changed. During those young and fun filled days I overlooked some important questions. How do I increase, preserve and protect the wealth that I am c...
09 February 2020 /retail /crime The Payments Business
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