🏦 I came across a beautiful illustration of the evolution of banking: From Clay Tablets to Digital Wallets.
Banking has evolved continuously to meet the needs of trade, trust, and technology.
• Ancient Mesopotamia introduced the earliest loan contracts, laying the foundation for credit systems.
• Ancient Greece expanded banking through coin deposits and money exchange.
• Medieval Banking enabled international trade with letters of credit and wealth storage.
• Modern Banking brought regulation, central banks, and government oversight.
• Digital Banking now offers online payments, mobile banking, and cryptocurrency—making finance faster and more accessible than ever.
Understanding how banking evolved helps us better appreciate today’s challenges around risk, regulation, and financial crime prevention.
