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4 risks new tech creates for banks

CIBC report outlines potential threats from emerging tech

Loraine LawsonbyLoraine Lawson
December 6, 2021
in Strategy
Reading Time: 2 mins read
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While some banks are beginning to embrace cryptocurrency and other innovations in the decentralized finance space, financial institutions should be wary of four “disintermediation risks,” meaning the risk of removing financial institutions as a middle man, of emerging technologies. The $653.6 billion Canadian Imperial Bank of Commerce (CIBC) released in its annual report on Thursday […]

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Tags: artificial intelligence (AI)BlockchainCIBCcryptocurrenciesPremium
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