Cryptocurrencies have circulated for a while but are still plagued by scepticism. Recently, cryptos have received endorsements from high-profile advocates, and the credibility of this asset class is growing—along with its prices. What are the top cryptos, where are their prices heading, and are they worth serious investor consideration?
Many bankers love blockchain for its potential to maximize efficiency and productivity while slashing costs and security risks. But the crypto-currencies, such as the (in)famous bitcoin, tied to it? Not so much—at least not across the board. While giving the thumbs up to distributed ledger technology for its advantages in areas such as trade finance, industry leaders are maintaining a wary eye on cryptos, due to disadvantages such as volatility.
At the end of July, JPMorgan Chase revealed its plans to facilitate $200 billion in clean-energy financing through 2025. The announcement follows on from similar promises made back in 2015
Banks today need more than lucky breaks to thwart the increasingly persistent and clever efforts of cybercriminals. The risk-management function of every bank today is facing a growing myriad of ever-intensifying threats, from hackers to terrorists, but fortunately there is ammunition at their disposal.