25 June 2017
Visit cib.db.com

Santander commissions study on bitcoin's impact on banks

26 August 2014  |  10686 views  |  1 Bitcoin

The bitcoin-curious - both enthusiasts and sceptics - are being invited to help put together a report for Santander on the impact that cryptocurrencies will have on banks.

Santander has given a $5000 budget to Yegii - a self-described "insight network" set up by Trond Undheim, a senior lecturer at MIT Sloan School of Management - to write the report.

In turn, Yegii is asking people to put themselves forward as members of its "dream team" comprised of a bitcoin expert, a management expert, a project manager, a data scientist/engineer, a banker, an academic, and a student.

Anyone interested needs to register and set out how they would approach the question of the impact of bitcoin on banks by tomorrow, 27 August.

Undheim told digital currency news site HashReport that the study was initiated by Santander's head of corporate development, Julio Faura, who was looking for an "outside perspective" on bitcoin.

Comments: (1)

Mayank Sharma
Mayank Sharma - Tech Mahindra - Australia | 29 August, 2014, 05:58

Good initiative given the pros and cons being debated on bitcoin. I particularly likes the way to get the study done via Yegii.

Be the first to give this comment the thumbs up 0 thumb ups! (Log in to thumb up)
Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Braintree could soon accept bitcoin

Braintree could soon accept bitcoin

15 August 2014  |  8509 views  |  0 comments | 10 tweets | 4 linkedin
Former Credit Suisse banker becomes Coinfloor chairman

Former Credit Suisse banker becomes Coinfloor chairman

11 July 2014  |  6453 views  |  1 comments | 5 tweets | 6 linkedin
European banks told to avoid bitcoin

European banks told to avoid bitcoin

04 July 2014  |  10121 views  |  0 comments | 26 tweets | 25 linkedin
Santander launches $100m fintech venture fund

Santander launches $100m fintech venture fund

03 July 2014  |  15742 views  |  0 comments | 21 tweets | 22 linkedin
Canada brings in bitcoin regulations

Canada brings in bitcoin regulations

24 June 2014  |  11258 views  |  2 comments | 19 tweets | 20 linkedin
Ditch legal tender to unleash bitcoin - think tank

Ditch legal tender to unleash bitcoin - think tank

18 June 2014  |  5473 views  |  0 comments | 5 tweets | 4 linkedin

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.events.sap.comvisit www.finastra.comvisit wavestone-advisors.co.uk

Top payments topics

Most viewed Most shared
Live: EBAday 2017, day twoLive: EBAday 2017, day two
9861 views comments | 4 tweets | 5 linkedin
Worldpay pilots app-only mPOS for small retailersWorldpay pilots app-only mPOS for small re...
9335 views comments | 20 tweets | 27 linkedin
Live: EBAday 2017, day oneLive: EBAday 2017, day one
8996 views comments | 3 tweets | 4 linkedin
UK banks will need to change one million sort codes under ring-fencing rulesUK banks will need to change one million s...
8393 views comments | 8 tweets | 25 linkedin
hands typing furiouslyWill cards disappear before cash?
7767 views 15 | 3 tweets | 6 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job