2026-01-22 09:11:39

Over the next decade, people will increasingly abandon visits to brick-and-mortar banks. This shift didn't happen overnight—it's been quietly accelerating for years.

Consider ING's story: a quarter-century ago, they revolutionized the game by launching online banking services. Back then, it was radical. Today? It's table stakes.

But here's what's changed the equation: crypto and e-KYC (electronic Know Your Customer) solutions have turbocharged this transformation. Digital verification systems now make opening accounts and executing financial transactions faster than ever. No queues. No forms in triplicate. Just seamless, borderless finance.

Does this mean traditional banks are done? Not exactly. They're not disappearing—they're being reinvented. The institutions that adapt will thrive; those clinging to legacy operations will fade.

The banking sector as we knew it is being fundamentally reshaped. Keep your eyes on how this unfolds.

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OfflineNewbie

· 4h ago

Honestly, traditional banks should have done this long ago. Waiting in line to get a card can waste an entire day.

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CryptoCrazyGF

· 9h ago

e-KYC is really pushing traditional banks to the brink, but do old banks want to disappear completely? It's tough. Those who adapt quickly will survive, while those clinging to old routines can only wait to be phased out.

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rug_connoisseur

· 9h ago

NGL, traditional banks should have died long ago, it's just that the process was too slow. --- e-KYC is indeed powerful, but the real issue is that the power is still centralized. --- Wait, isn't this a victory for DeFi? Why still talk about banks "rebuilding"... --- The history of ING is a bit ironic; the former revolutionaries are now the targets of revolution. --- I can accept cutting queues, but how do you ensure the security of decentralized identity verification? --- It's a bit awkward to mention crypto so often... Still depends on the actual execution. --- There's no need for traditional banks to stay alive; just transition directly. --- Reinvented? If you can't adapt, you should just die out completely. --- Ten years is a bit conservative; I think you'll see signs in less than five years. --- Borderless finance sounds great, but how will regulation handle it? That's a bit naive.

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gaslight_gasfeez

· 9h ago

NGL, this is the future. Bank branches will die sooner or later... Crypto + e-KYC is really a killer combo. Traditional banks have only two options: evolve or exit. There’s no third way. I almost forgot the last time I went to a bank, haha. Wait, what about the elderly... Do they all have to learn how to use wallets? The example of "ing" is really ironic. The innovation from back then has now become basic operation. Borderless finance sounds great, but what about regulation... Can these two coexist without issues? Bank employees should consider switching careers.

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SchroedingerMiner

· 9h ago

Bank branches are really going to decline... But honestly, those traditional banks still clinging to offline operations need to wake up. --- e-KYC is indeed powerful, but the key is who can truly master the logic of crypto. Many banks are still pretending. --- ING's story sounds good, but the current problem is... who the hell still cares about the "adaptation" of traditional banks? --- Borderless finance sounds great, but what about regulation? That's the real risk of a crash. --- Exactly, those who adapt survive, those who don't die, it's that simple... But how many can survive in the next ten years is another matter.

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fren.eth

· 10h ago

I've seen through it long ago; bank branches will close sooner or later. Humans are inherently lazy; with online options, who still queues at the branch... But honestly, those old banks are really struggling now. If they can't keep up with the pace, they'll be eliminated. e-KYC is indeed powerful, much faster than traditional processes. The key is who can truly embrace change; those clinging to the old ways will eventually perish.

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GateUser-9ad11037

· 10h ago

Bank branches are really disappearing, but to be honest, traditional banks are dying a slow death. e-KYC is incredibly smooth and efficient.

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tokenomics_truther

· 10h ago

Crypto has truly changed the rules of the financial game. This wave of e-KYC operations is amazing, and the days of queuing at banks are really coming to an end. --- Speaking of traditional banks, they have no middle ground—either transform or go out of business. --- NGL, the idea that physical banks will be completely gone within ten years might be an overstatement, but the trend is indeed unstoppable. --- Borderless finance sounds great, but the regulatory pitfalls haven't been addressed yet. --- What does ING's story tell us? Only by adapting to change can we survive; clinging to old routines means waiting for death.

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