BankSocial reposted this
Another centralized system brought down by ransomware. This is the stuff that keeps CEOs up at night. 500,000 members can’t access their accounts digitally and can barely access them in person. https://lnkd.in/gET6jftm
BankSocial® is leading the evolution of global financial economies through Decentralized Finance (DeFi) and Distributed Ledger Technology (DLT) innovations, serving as a trusted partner to credit unions. The BankSocial® ecosystem offers individuals and enterprises a comprehensive range of financial solutions. With innovative features such as a self-custody crypto exchange, streamlined user verification, and asset-backed lending, BankSocial® empowers credit unions to provide their members with tailored products and services, ensuring exceptional member experience.
External link for BankSocial
14555 n Dallas Pkwy
Suite 100
Dallas, Texas 75254, US
BankSocial reposted this
Another centralized system brought down by ransomware. This is the stuff that keeps CEOs up at night. 500,000 members can’t access their accounts digitally and can barely access them in person. https://lnkd.in/gET6jftm
From #Bitcoin to #BankSocial, each step in the Evolution of Finance has brought us closer to new and open financial systems. #Bitcoin introduced sovereignty, #Ethereum brought programmability, #Hedera focuses on governance & scalability, and #BankSocial champions utility. Read more: https://lnkd.in/gukbH8zR
We are thrilled to announce an addition to our advisory board: Jack Antonini. In addition to being the CEO of USAA Federal Savings Bank, Jack held the position of NACUSO President and CEO for 13 years and will be invaluable on the BankSocial team. Read more: https://lnkd.in/gTYcbQPH #CreditUnions #Finance #NACUSO #Hedera
BankSocial reposted this
Real-time payments over the RTP network can help speed up commerce and streamline the payments flow between consumers, businesses and government entities. With instant availability and payment confirmation, payment senders and receivers know exactly when the payment is received, and receivers can use funds immediately. Learn how TxMQ helped BankSocial become the first fully #cloudnative project on #GCP to launch on the #RTPNetwork. Got questions? Reach out to Miles Roty and Chuck Fried!
BankSocial reposted this
My latest insights... #creditunions #peoplehlepingpeople #notoosmalltosucceed
Stay up-to-date on all things #crypto and #DLT by signing up for our newsletter at http://BankSocial.io. View the web version at: https://lnkd.in/ge_uaUdd BlockStreet #60 is out now! Highlighted by the SEC dropping its case against #Ethereum, celebrity meme coin controversies, and more.
👀 A great 5-minute watch on the #FutureOfFinance: House passed FIT21, impacting digital assets & DC ahead of #elections. #BankSocial CEO John Wingate discusses #decentralized #finance fostering social capitalism via tech. Exciting! https://lnkd.in/gF_KqfWN
Your BankSocial wallet app is the headquarters for your digital assets. https://lnkd.in/giHTBrsH #crypto #creditunions #finance
The reason our team can do what it does in the #CreditUnion space is because of how knowledgeable our Becky Reed is. She just finished speaking at this year’s SCCUA (Southern California Credit Union Alliance) “Collab” conference and was a guest on the Banking on Fraudology podcast to talk about combating fraud with #Web3. It’s a great listen, check it out below! https://lnkd.in/gUgcVq4W #Crypto #OpenBanking #FraudPrevention #BankYourself