Why does bank transfers still includes branch codes?

One thing that continues to frustrates consumers around the world is that, to set up a bank transfer payee, you have to key in the branch code of the bank. How this originates from is that perhaps the old way of keeping record is such that each account is tied to a...

Social Hack: Improving the Wealth of Singaporeans

Effective process for improve the financial situation of Singapore might be to use smart programs to trigger Singaporeans the right way. This might sound very scheming but for the greater good of the society, hiring smart social engineers and psychiatrist to design...