WATCH: Executives from JPMorgan and BNY Mellon tell fintech founders the best ways to partner with large banks

   2019-06-12 00:06

In a world with an ever-changing queue of cutting-edge technology, slow-moving big banks with hundreds of thousands and employees and systems that were built decades ago are at a disadvantage. In order to compete, banks need to find ways to work with whatever new industry-disrupting technology has been most recently cooked up by an agile startup — and do so quickly.

Lucien Foster, Global Head of Digital Partnerships at BNY Mellon, and Huw Richards, Global Head of Digital Investment Banking at JPMorgan addressed these challenges on Monday at Business Insider’s IGNITION: Transforming Finance event at the New York Stock Exchange. They highlighted how they’ve increased the speed at which they can onboard new tech, and how the industry is ready to move on from strategic discussions to “ruthless execution.”



You can watch highlights from the talk here.


Original Source


CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin12,913 0.26 % 13.77 % 42.00 %
Ethereum347.92 0.13 % 11.71 % 31.40 %
XRP0.4886 0.02 % 4.84 % 13.97 %
Bitcoin Cash507.46 0.03 % 7.32 % 22.66 %
Litecoin136.65 0.12 % 2.51 % 0.67 %
EOS7.370 0.22 % 4.03 % 8.75 %
Binance Coin37.21 0.27 % 1.32 % 7.90 %
Bitcoin SV247.75 0.30 % 4.46 % 11.64 %
Tether1.000 0.10 % 0.27 % 0.02 %
Cardano0.1024 1.62 % 7.39 % 14.35 %
TRON0.03948 0.30 % 2.23 % 19.54 %
Stellar0.1296 0.26 % 3.29 % 4.05 %
LEO Token2.020 0.18 % 5.55 % 7.49 %
Monero112.83 2.75 % 2.29 % 15.92 %
Cosmos6.830 0.32 % 4.19 % 3.51 %
Dash183.48 0.48 % 3.75 % 15.72 %
NEO20.30 0.11 % 12.50 % 48.51 %
IOTA0.4816 0.63 % 7.95 % 11.37 %
Ontology1.770 1.11 % 9.33 % 23.91 %
Ethereum Classic9.600 0.19 % 4.81 % 13.61 %