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CBA joins global banks in Bitcoin research

2015-09-16 15:51:32| Automakers - Topix.net

How will decentralised bitcoin technology help nine of the world's largest banks, including Australia's CBA, Barclays and JP Morgan, become more efficient? The Commonwealth Bank of Australia will work with some of the world's biggest banks to turn the technology behind digital currencies often used by criminals and computer hackers into a safe way to transfer money around the world and potentially replace the cumbersome international money transfer system. The banks plan to design "distributed ledger" technology based on the "blockchain" that facilitates bitcoin transactions.

Tags: research global banks joins

 

Why banks offer cash for your custom

2015-09-12 03:45:11| BBC News | Business | UK Edition

Why banks offer cash for your custom

Tags: your offer custom cash

 
 

Small banks say new surcharge is unfair

2015-09-11 10:57:10| BBC News | Business | UK Edition

Bosses of some of the UK's newer and smaller banks are meeting Treasury officials to complain that a new surcharge on profits is unfair.

Tags: small banks unfair surcharge

 

Japan rivers burst their banks triggering further floods, 25 missing

2015-09-11 06:01:39| Automakers - Topix.net

Evacuees wait for food supply inside the Joso City local interchange center known as Toyota Castle where hundreds of evacuees from an area flooded by the Kinugawa river, caused by typhoon Etau, were stuck here over night, in Joso, Ibaraki prefecture, Japan, September 11,... A damaged traffic signal is pictured along a street at a residential area flooded by the Kinugawa river, caused by typhoon Etau in Joso, Ibaraki prefecture, Japan, September 11, 2015. Japanese Self-Defence Force soldiers walk at an area flooded by the Kinugawa river, caused by typhoon Etau in Joso, Ibaraki prefecture, Japan, September 11, 2015.

Tags: japan missing banks rivers

 

Banks not ready to meet customer needs for mobile payments: report

2015-09-10 14:49:17| Telecom - Topix.net

A new report from CenturyLink suggests that some of the highest-level executives at Canadian banks believe their companies may not be ready to meet the mobile banking needs of their customers. CenturyLink surveyed 50 high level or C-suite executives from financial services institutions about how customer needs are changing in light of the digital revolution.

Tags: report customer meet mobile

 

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