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What you need to know about Cryptocurrency: Part 6

Part Six – Cryptocurrency as a Disruptive Technology        The business meaning of “disrupt” is “to change the traditional way that an industry operates, especially in a new and effective way: “Dell Inc. disrupted the traditional way of selling computers by switching to the internet.” Taken from: http://dictionary.cambridge.org/dictionary/english/disrupt        These articles do more than discuss banking system disruption.  They also provide a window into the underlying animus of […]

What you need to know about Cryptocurrency: Part 5

The yeoman’s work in preparation for legislation and regulation of cryptocurrency has begun.  One might say the we are at the beginning of the beginning of regulation of cryptocurrency.         De Facto Federal Legislation of Cryptocurrency is Nigh By Wendy McElroy July 11, 2017  The Uniform Law Commission (ULC) is holding its 126th Annual Meeting in […]

What you need to know about Cryptocurrency: Part 4

What follows is a list of those that have, by many accounts, the largest impact on bitcoin and blockchain in 2016.  It is a direct cut and paste from the CoinDesk web site.  If you continue to expand your knowledge of cryptocurrency you will run into these names and more.  This list is just a […]

Automated Systems, Inc. Welcomes Jody Weissenburger as Account Executive

Automated Systems, Inc. (ASI), a community bank software solution provider of core banking technology and processing services, announced today that Jody Weissenburger has joined the team as an Account Executive for Iowa. Jody comes to ASI with over 26 years of combined community banking and industry experience.  For over 19 years, she was employed at [...]

What you need to know about Cryptocurrency: Part 3

A Crypto-Currency Primer Part Three – Cryptocurrencies As of July 5 there are 805 traded cryptocurrencies.  Below you will find a list of the top ten cryptocurrencies by Market Cap as of mid-morning July 5, 2017:   source: https://coinmarketcap.com/all/views/all/ The top six listed cryptocurrencies.  Bitcoin – Bitcoin is a cryptocurrency and a digital payment system invented by an unknown programmer, […]

Automated Systems and Insite Data Services Announce the Opening of New IDS On-Time Processing Center

Automated Systems, Inc.  and Insite Data Services are pleased to announce the opening of the new IDS On-Time Bank Services processing office within the ASI headquarters facility and the hiring of new staff to accommodate demand.  This newly constructed space provides greater capacity to support the growing demand from community banks for full service solutions. [...]

What you need to know about Cryptocurrency: Part 2

A Crypto-Currency Primer Part Two – Definitions (From Wikipedia except as noted) A good understanding of a topic starts with a frame of reference.  In this case that frame is a list of definitions for terms emanating from the marketplace of cryptocurrencies. Yes, this can be tedious, but it is necessary to begin to understand […]