Print Page   |   Contact Us   |   Your Cart   |   Sign In   |   Learn More
NAPCP Search
Commercial Card News Brought to You by the NAPCP: Industry News

Bitcoin: Changing How Banks Do Business

Thursday, March 12, 2015   (0 Comments)
Posted by: Mike Rose

In a recent article, Sander Duivestein, professional speaker and trendwatcher at VINT, looked at the growth of bitcoin and how banks might be changing their views on the digital currency.

Duivestein noted that bitcoin startups raised $347.29 million in 2014—up from just $2.13 million two years earlier. And through February of this year, $105.84 million has already been invested.

This could be a "Napster moment" for banks, Duivestein said, comparing the rise of bitcoin to the rise of the music downloading platform that challenged the traditional entertainment industry.

Duivestein noted that while financial leaders were initially dismissive of bitcoin, they are now beginning to take notice, calling the phenomenon "Digital Darwinism"—meaning banks must either adapt to the new technology or lose relevancy. 

Click here to read the entire article.

Click here to see more NAPCP resources related to bitcoin.

Source: The Next Web

Sign In
Sign In securely
Featured Items
Event Calendar

Reporting: Who, What, When, Why and How—Best Practices for Program Management

NAPCP Commercial Card Regional Forum - San Francisco, CA

4/9/2018 » 4/12/2018
2018 NAPCP U.S. Annual Commercial Card and Payment Conference - San Diego

2018 Pre-Conference Workshop: Strategies for Building the Foundation to a Successful P-Card Program

P-Card Reconciliation: Best Practices and Strategies for Success

Copyright © 1999 - 2017 NAPCP - Advancing Commercial Card & Payment Practices Worldwide
Certified Purchasing Card Professional Credential 
The next application due date is Feb. 28, 2018 to take the 
exam at the Annual Conference on April 9 in San Diego.

Complimentary resource for all website visitors.
$199 for Members; $259 for non-members. 
Join today and save!
NAPCP's dedicated IP address for e-mail is Please add this IP address, and to approved/"safe sender" list to ensure you receive NAPCP news & event notifications.