Financial Service Executives See Blockchain & AI as ‘Hugely Important’
The majority of financial service executives believe blockchain technology will be hugely important to their industry over the next 10 years, according to a survey sponsored by Synechron, a global and technology consultancy based in New York, N.Y. The TABB Group conducted the survey on behalf of Synechron, and it included 92 banking and capital markets institutions. The survey queried executives directly involved with technology decisions about the potential of blockchain technology and artificial intelligence. More than 55% of respondents said that over the next 10 years, blockchain will....
Related News
A survey by NYSE-listed Stifel Financial shows that most executives are bracing for a recession in the U.S. In addition, “53% of respondents believe that inflation will be an issue for the next two quarters to a year.” Most Executives Surveyed Say Recession Cannot Be Avoided Stifel Financial Corp. (NYSE: SF) announced the results of a survey it conducted on the state of the U.S. economy last week. The St. Louis-headquartered financial services company surveyed 70 corporate executives, business owners, and private equity investors between July 18 and Aug. 5. According to the....
The cryptocurrency service provider Coinsbank has announced the second annual Blockchain Cruise. On May 25 attendees will board the “Anthem of the Seas” to discuss digital currency, blockchain, and similar technologies shaping the future. Blockchain Cruise 2017: Nine Days on the Open Seas. The multi-service platform, Coinsbank, has held successful events....
Financial technology solutions company D+H has provided a whitepaper on what they consider to be the top milestones that blockchain technology must hit before it will be an accepted addition to the world of fintech. At large, international scale conferences, executives and those heavily involved in the financial and banking sector have painted with broad strokes on their opinions about blockchain. Many executives see the technology as ultimately useful if it can be leveraged properly. However, the radical nature of blockchain technology and its inherent association with an uncomfortably....
The National Bank of Ukraine has issued a warning to the country’s regional banks, global financial institutions and its executives regarding the financial risks involved in the use of digital currencies like bitcoin. The announcement of the Ukraine National Bank follows the organization’s investigation of the development and the use of emerging financial and payment systems. As a joint initiative, Central Banks of the EU countries and the National Bank of Ukraine warned all banks, payment organizations and executives to fully understand the necessary risks and potential damage when using....
LiteVault, the equivalent of Bitcoin's online wallet service Blockchain. INFO, was recently launched for Litecoin users. Still in its alpha testing stage, the wallet's developer 'someguy123' promises an ultra-secure environment with its encrypted wallet storage services, powered by the company's very own servers. The generated private keys meanwhile are stored in the users' browsers. Litecoin community has been waiting for years for such a service to arrive - something that adds more depth and flexibility to ways in which this silver cryptocurrency is used. Having a dedicated wallet....