UBS: big bank blockchain exposes competitive tech gap

A recent UBS Evidence Lab survey found a predictably yawning gap between big and small banks: larger banks are getting a competitive advantage from emerging tech, are more likely to cite revenue growth as a key benefit of technology investment, indicate that they are implementing emerging technologies, and believe it is important to be an innovator in digital banking, versus a fast follower strategy cited by most smaller bank participants.

The way that this plays out in blockchain is worth scrutinizing: despite being cited by respondents as one of the least promising technologies for all sizes of banks, it also presents a wide divergence between who is investing amid a broad consensus for what reasons.

This content requires a Finadium subscription. Articles with an unlocked symbol can be accessed with free registration. Log in or create a free account by signing up here..

Related Posts

Previous Post
What FSB highlights for tech risk at G20
Next Post
ISDA Asia derivatives survey cites the importance of close-out netting

Fill out this field
Fill out this field
Please enter a valid email address.

X

Reset password

Create an account