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Internet giants pose existential threat to banks: BIS chief

Internet and 'big data' giants like Amazon and China's Alipay pose an existential threat to traditional banks, the head of the Bank for International Settlements, Agustín Carstens, said on Tuesday.


from Reuters: Technology News
Internet giants pose existential threat to banks: BIS chief Internet giants pose existential threat to banks: BIS chief Reviewed by jenisht on December 05, 2018 Rating: 5

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