(Nov 2014) — The checkbook is dead. While we’re at it, let’s write an obit for card readers too. And if you’ve ever worried about who might be looking over your shoulder at the ATM machine, or the exorbitant fee that money transfer will cost you, don’t fret.
In years to come — not even that many — these problems won’t even exist as the way we bank and control our finances will change vastly. It already has in many ways.
“We’re in this unprecedented space where technology is moving so quickly it’s starting to scare everyone,” said Gi Fernando, founder and investor of Free:Formers, a company which helps businesses and unemployed young adults with digital training.
“It’s sooner than you think,” said Fernando, who claims in five years from now the technology behind how we manage our banking and finances will be unrecognizable.