During his talk, Burke talked about meeting Jobs over television, and Jobs stating a desire to create a common platform on Apple technology.
FORBES: The Coming Renaissance Of Broadcast TV (With Apple?)
Economics 101 tells us that this is exactly the type of industry in which the banks could gain economies of scale and create tremendous value by consolidation around open industry standards and a common technology platform.
FORBES: Enabling Lower Cost Peer-To-Peer Money Transfers?
But the biggest hurdle of all appears to be agreeing on the technology to underpin a common trading-platform.
ECONOMIST: Going nowhere?
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