To paraphrase economist Rudi Dornbusch in a 1997 interview on the PBS show, Frontline, “[Change] takes a much longer time coming than you think, and then it happens much faster than you would have thought.” That’s an observation that will resonate with countless banking executives today who are feeling pressure to compete with financial startups […]

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In the past year, financial institutions and technology providers have invested more than $1 billion in blockchain technology, a distributed ledger data structure that promises to transform financial services, among many other industries. The technology offers application in sectors that include health care, government, supply chain and transportation, telecommunications, utilities, and more. “The popularity of […]

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