The world of banking may seem complex today It is designed to ease the burden of life and facilitate trading. It became more complex over time because of the many currencies. Traders needed to keep changing currencies, making it more difficult for them to make funds. In addition, counterfeit money and fraud added to the problem. This was what led to banks being created.

Today, banks provide a number of different services such as lending money, trading , to custody of cash. However, at the moment the banks have completely abandoned their roles and are now accepting short-term risks in order that they can cash in quickly. This is turning the banking sector into a gamble process, which is leading to a lot of problems. These days, governments are enforcing harsh laws on the ways banks conduct their business.

Nowadays, there are many alternative business models such as micro-funding and crowdfunding, that can take over many of the offerings that were once provided by banks. uai4agid3n.