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French Survey Aims To Evaluate Impact Of New Payment Systems On Traditional Banking

Emily Mason

Summary: Autorité de la concurrence, the french competition authority, has launched a survey aimed towards discovering if blockchain and cloud startups are bringing competition to the traditional banking system, according to reporting by bitcoinist.com. The authority hopes for the survey to be filled out by the general public and fintech industry executives. The survey cited how ...

Autorité de la concurrence, the french competition authority, has launched a survey aimed towards discovering if blockchain and cloud startups are bringing competition to the traditional banking system, according to reporting by bitcoinist.com.

The authority hopes for the survey to be filled out by the general public and fintech industry executives. The survey cited how new payment options offered by tech startups along with industry giants like Apple, Google and Facebook are challenging big banks control of the market. 

By Emily Mason


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