NAB hesitant on Bitcoin, P2P lending

[1] NAB, Australia’s fourth largest bank, is reluctant to adopt the emerging and digital payment protocols like Bitcoin – instead opting for a wait-and-see approach based on the response.

[2] NAB CEO Andrew Thorburn, speaking to a Trans-Tasman Business Circle lunch today, said he is still not certain on where he stands on digital disruption and the likes of Bitcoin.

[3] He said that the bank is still exploring the technologies as NAB rivals Westpac and Commonwealth Bank have started taking steps towards emerging technologies like Bitcoin and other crypto-currencies.

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[Source]Australian Information Technology News – NAB hesitant on Bitcoin, P2P lending