NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: FTX Recovery Trust Set To Disburse $1.6 Billion By Month-End, FTT Price Skyrockets
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: FTX Recovery Trust Set To Disburse $1.6 Billion By Month-End, FTT Price Skyrockets

Goldman Sachs and JPMorgan Expected to be Fintech Winners

NewsBTC
NewsBTC
4 years ago
2 mins read
Goldman Sachs and JPMorgan Expected to be Fintech Winners. newsbtc fintech news

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Independent research provider on financial companies, Autonomous Research has said in a survey that leading investment banks Goldman Sachs and JPMorgan Chase will probably emerge as the winners from the coming financial technology disruption.

According to a report first published by Bloomberg, Autonomous Research LLP partner Brian Foran put his weight behind the two firms saying that they will be successful in implementing the emerging financial technologies such as blockchain.

Goldman Sachs is supporting bitcoin and blockchain companies such as Circle Internet Financial and may even invest in Blythe Masters’ Digital Asset Holdings. Head of investment bank JPMorgan Chase & Co. Daniel Pinto earlier said that projects related to blockchain, big data and robotics will be a “major priority” in 2016.

Visa Inc. and MasterCard Inc. will also benefit from fintech revolution as blockchain technology is emerging as the best solution to the high transaction cost problem. The report picked credit card major American Express as the biggest loser, citing higher transaction fees as the sore point. Foran said,

“If financial technology will make transactions have less friction and lower costs over time, the ones with the highest prices are the most vulnerable.”

Other money transfer companies such as Western Union Co. and MoneyGram International Inc. will also suffer as startups implementing low-cost models grab their market share.

Fintech was definitely the buzzword for 2015. It is expected that the fintech space will draw in more companies and increase competition in sectors such as payments, financial markets, and record keeping. Higher competition should benefit the consumers as more low-cost options come to the fore. The fintech wave will also supplant traditional framework and bring in the latest technology which will transform the way operations – back-end and front-end – are conducted in big businesses, banks and other financial entities.

Image: Forbes

Tweet123Share196ShareSend
NewsBTC
NewsBTC

NewsBTC

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Binance Coin's Epic 10% Rally: Which Best Altcoins Will Explode Next?

Binance Coin’s Epic 10% Rally: Which Best Altcoins Will Explode Next?

Over the weekend, Binance Coin ($BNB) surged by more than 10%, rallying up to $1,087 before leveling off slightly below...

Aaron Walker 3 hours ago

Dogecoin Price Could Break Into Double-Digit Rally From This Fibonacci Level

The Dogecoin price has since retraced after its run to $0.3 as sell-offs had grown stronger over the last week....

Scott Matherson 5 hours ago
비트코인 금리 인하 수혜 전망…레이어2 프로젝트 ‘비트코인 하이퍼’ 투자 열기 확산

비트코인 금리 인하 수혜 전망…레이어2 프로젝트 ‘비트코인 하이퍼’ 투자 열기 확산

미 연방준비제도이사회(Fed)가 기준금리를 0.25%p 인하했다. 이번 조치는 미국 동부시간 기준으로 오후 2시부터 적용됐다. 같은 날 열린 기자회견에서 제롬 파월(Jerome P...

Soyeon Lee 7 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin Hyper išankstinis pardavimas perkopė 17 mln. USD ribą

Bitcoin Hyper išankstinis pardavimas perkopė 17 mln. USD ribą

Tomas Jankūnas 1 hour ago
bitcoin

Δισεκατομμυριούχος επενδύει στο Bitcoin – «Οι τράπεζες λένε ψέματα, τα χρήματα δεν υπάρχουν»

Ιωάννης Ριζόπουλος 1 hour ago
AxCNH and KRW1 Stablecoins Launch in Asia as $BEST Token Soars Past $16M on Presale

AxCNH and KRW1 Stablecoins Launch in Asia as $BEST Token Soars Past $16M on Presale

Aaron Walker 3 hours ago

Premium Sponsors

Press Releases

  • イーサリアム...

    59 minutes ago
  • 5 Coinov, ktoré by mohli dosiahnuť 10 miliárd dolárov v kryptomenovej bubline 2025

    5 Coinov, ktoré by mohli dosiahnuť 10 miliárd dolárov v...

    1 hour ago
  • ビットコイン...

    1 hour ago
  • dogecoin memecore

    Dogecoin Giảm 17,68% Khi Các Đồng Coin Tiềm Năng...

    1 hour ago
  • シバコイン...

    1 hour ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.