A digital revolution is rapidly changing the banking industry. And customers are the ones who are winning. These benefits are also lowering the costs for banks too. But there needs to be a cultural change across bank as well. They must adopt the habits and culture of digital-native companies.
I’ve been swamped by readers questioning why I’m not tipping any lithium stocks. If you’re unaware, there are a couple of junior lithium miners on the ASX that have shot up several hundred percent in the last six months.
There’s a worrying trend of new, small companies that are coming to the ASX via reverse takeovers (RTOs). That where a company (usually worth nothing) decides to ‘buy’ a new tech company through the issue of shares, performance shares, options and a bit of cash.
Peer to peer lending is an online service that matches borrowers and lenders directly, without the need to go through a bank.
The whole world is turning to automation and automated systems like the smartgates to make everything work better.
These terror attacks do significant damage. But they also damage civil liberties. Already there are talks of increasing border security across all of Europe.
While most security companies listed on the ASX deal with cyber security, the growth of security companies, keeping us safe in the physical world, is on the move.
Telstra is selling off, and the talk is Foxtel might look to float. If that happens and Foxtel floats in 2016, it’s an IPO you’ll want to steer clear of.
When debt grows faster than GDP, the net debt as a percentage of GDP gets larger. If only GDP were growing faster, then maybe the debt wouldn’t be such a drag.
While it’s believed that this was the work of other hackers, it’s evidence of the power of the cyber hacker.