Banks open labs worldwide to embrace blockchain

Some of the largest banks are experimenting with it

City of London

"Banking is at an inflection point. Most people think that banking is being reshaped by regulations since the global financial crisis, but that's only half the story. The other half is about technology."

The powerful quote above comes from Anju Patwardhan, chief innovation officer at Standard Chartered, and falls within a broader discourse on how banks, regulators and technology companies are working together to increase efficiencies.

"The financial services industry is being disrupted and

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