Tag: finance


Why banks should stay well clear of blockchain

April 24, 2017

Via: Networkworld Software

If the financial services industry is banking on blockchain as the basis for new service innovation, it will be sorely disappointed. Blockchain’s design principles are completely at odds with those of the industry, and the technology is fraught with flaws […]


Cybersecurity poses biggest risk to global financial system

March 31, 2017

Via: CSO

The chair of the Securities and Exchange Commission called cybersecurity the biggest risk facing the global financial industry. “Cyber risks can produce far-reaching impacts,” said SEC chair Mary Jo White. For example, cybercriminals recently stole $81 million from a bank […]