“Banks are developing their technology further and faster than before. Banks helping their customers with data is not new.
“What has changed is the exponential increase in computing power and the huge advances in AI and machine learning.”
Go deeper with GlobalData
Dave McKay, President and CEO of RBC opens Sibos.
Meantime, Swift (organisers of Sibos) upstart rival Ripple is hosting its own conference in Toronto. Two major events, both in Toronto, held at exactly the same time.
Not exactly subtle-and not exactly a coincidence.
Former Fed Resere head Ben Bernanke addressed the Ripple event, dubbed Swell.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataBy all acccounts Bernanke, now an academic at the Brookings Institute, was very upbeat about Ripple and blockchain.
Now there is a surprise; Ripple would hardly have invited him to speak were it to be otherwise.
