Do users really need to wiggle and click their mouse to open an animated door and walk over to a virtualbank teller to check our account balance online?
For years, the Mets and Sterling used Mr. Madoff's firm as a virtualbank account, depositing everything from ticket revenue to deferred compensation for players to Sterling employees' 401(k) money with the firm, according to a person familiar with the team's finances.
The ECB (European Central Bank) has produced the first official central bank study of the decentralized cryptographic money known as bitcoin, Virtual Currency Schemes.
The main issue was a virtual collapse of net interest margins despite having a retail deposit franchise advantage over virtually every other bank in China.