Revolut, a global financial services platform, has officially announced that it has over 1 million customers in Poland. Continue Reading..
Bank Millennium was the first bank in Poland to provide a service where customers of the bank can order on its website transfers from their accounts in other banks. This is one of the services that the provisions of the European PSD2 Directive allow.Continue Reading..
All banks operating in Poland signal that they will be less willing to grant loans. The terms of consumer and housing loans as well as those for Polish companies are to be tightened.Continue Reading..
Most contacts with banks and offices will be possible online. The restrictions associated with coronavirus are increasing the popularity of electronic signatures.Continue Reading..
Bitcoin is a form of digital currency, created and stored electronically. Established in 2009, by its creator Mr. Satoshi Nakamoto. It was the first virtual payment method of this type in the world. Thanks to several important features, it is one of the largest financial innovations of recent years.
At the moment, due to the lack of bank intermediation in funds transfer, bitcoin is considered by many investors as a cheaper alternative, especially for larger amounts.
Two other important features of cryptocurrencies payment system are definetely security and anonymity. Information on transactions carried out using bitcoin is encrypted using a technology called “blockchain”. At the moment, its mode of operation and continuous verification seems to be virtually unbreakable. Creating an account in this cryptocurrency has no formal conditions and the accounts are anonymous. The only thing the user receives to the invoice is a 54-character login and password.
A huge advantages of this payment method are also the speed and ease in making the transfers online. In the process of transferring funds, the distance to the place where we send the money does not matter and the transaction is carried out without intermediaries. Bitcoin transfers have no restrictions in the form of weekdays or holidays, we can send funds 24 hours a day, 7 days a week. Transactions are approved almost every 10 minutes.
In comparison to traditional banks that have a centralized database system, information about the status of bitcoin accounts is simultaneously found in many places on earth in the same form. That makes it definetely more secure.
These factors as much as the fact that according to the assumptions, a limited amount of 21,000,000 bitcoins will be created by 2140 have largely influenced the popularity of bitcoin, which is reflected in its market value. At present, approximately 16,500,000 bitcoins have already been circulated, and the pace at which others will hit the market will slow down.
The management of Pekao has adopted a resolution on the intention of group layoffs and consultation on this matter. It is about releasing a maximum of 950 people.Continue Reading..
Cash is no longer an obligatory wallet equipment. The same fate may soon meet payment cards. Today, all you need is a phone with an application that you can withdraw cash from an ATM and pay in the same way for shopping. For Free.Continue Reading..