mymenace
Legendary
*
Offline Offline

Activity: 1596
Merit: 1061


Smile


View Profile Personal Message (Offline)

Ignore
October 11, 2015, 09:25:09 PM

Crypto-currency could actually be quite good for banks.  They'd love a way around credit cards.  Not good for credit card companies, remittance companies, etc.  I don't think credit card companies know how to respond, still.

commonwealth bank of australia is looking into ripple

IBM is working with ethereum


http://www.reuters.com/article/2015/09/15/us-banks-blockchain-idUSKCN0RF24M20150915

http://www.coindesk.com/meet-secco-the-uks-blockchain-inspired-challenger-bank/


and many more financial institutions have start-ups in crypto