Sunday, April 16, 2017

Their business changes a bit

BitCoin News: Big banks are increasingly worried about losing profits to fintech companies such as Bitcoin startups. Eighty-eight percent of banks’ executives believe that their businesses are at risk of losing revenues to these new entrants, according to a recent survey. This profit loss could be as high as 10 percent at Santander Bank, a leaked memo shows.
But they get plenty of work in smart contracts. 

No comments: