Marvell Technology, Inc. Declares Quarterly Dividend Payment - Business Wire
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How new payment technology puts trust at a premium - American Banker
Key insights: As artificial intelligence and blockchain are incorporated into payments, trust and security are at a premium. What's at stake: While there's the promise of faster money movement with less friction, there's pressure on banks to get it right. Expert quote: "Trust is something that is very hard to earn and can very quickly be lost. " —Max Neukirchen, global co-head of JPMorgan PaymentsMIAMI — Banks may deal in dollars and cents, but JPMorgan Payments Global co-Head Max Neukirchen understands that financial institutions' most valuable currency is trust. Processing ContentThat's especially true as artificial intelligence and blockchain promise to upend finance. "AI and blockchain really have the chance to reshape how we are all moving money," Neukirchen told American Banker at Sibos in Miami. "I hope that also these technologies will help make payments safer and more trustworthy, because ultimately, we are dealing with people's money, and trust is probably the most important bedrock that is out there. " But banks need to step up their game, or risk losing that trust. "Trust is something that is very hard to earn and can very quickly be lost," he said.
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