US payment innovation may hurt bank profits
Regulating virtual currencies may prompt banks into new ways to issue payments, facilitating transactions for consumers
You must be signed in to read this analysis
In this article
- Outdated payments system
- Large bank opposition
- Regulatory role
- Technological innovation
- Outlook
What is this?
This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.