BNY Mellon has made a lot of noise about blockchain technology in recent months and that continued in a discussion of the bank’s innovation agenda yesterday. Reporting the bank’s third-quarter earnings, CEO Gerald Hassell outlines a shift in resources from real estate to digital. This practice normally refers to branches — all theRead More
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The financial industry has long discussed the benefits of adopting blockchain – or distributed ledgers – in its operations. Storing records in the cloud are still a major concern, as FIs try to figure out how to tap into the technology, but IBM’s announcement last week may go some way toward removingRead More