• Ex-Barclays boss Antony Jenkins told CNBC that banks “tend to be quite good at innovation” but lag behind with regard to “transformation”.
  • He said the banking system’s focus on central authorities and middle men could inhibit progress it could harness from technologies like blockchain.
  • Distributed ledger technology could mean mortgages and credit being granted to customers in a matter of minutes, he added.


Read the whole article at CNBC here: Ex-Barclays boss Antony Jenkins: Banks lag behind blockchain momentum