Banks expected to adopt new technologies rather than be overrun

Banks expected to adopt new technologies rather than be overrun

People walk by the JP Morgan & Chase Co. building in New York October 24, 2013. REUTERS/Eric Thayer

New technology firms are battering all kinds of companies, but banks will remain as financial intermediaries, due to the regulations and duties governments have put on them, says a proponent of the technology behind the bitcoin cryptocurrency.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter