Banking

Banking

Former UBS Bankers Net $100 million to Build a Crypto Bank

A Swiss startup launched by several former UBS bankers has raised $104 million in a bid to establish a regulated crypto-friendly bank.

Business  ·  27 September 2018
Funding Rounds

Crypto Payments Startup Bitwala Raises €4 Million in New Funding

Blockchain startup Bitwala has raised €4 million in new funding that will help develop a planned blockchain bank account offering.

Business  ·  26 September 2018
Quorum

Over 75 New Banks: JPMorgan Expands Blockchain Payments Trial

A blockchain payments trial launched by JPMorgan, Australia's ANZ and the Royal Bank of Canada has just gained over 75 new banks as participants.

Business  ·  25 September 2018
Banking

US Banking Giant PNC Becomes Latest to Adopt Ripple’s xCurrent

PNC Bank's Treasury Management division is to begin accepting cross-border transactions using Ripple's xCurrent product.

Business  ·  19 September 2018
Bitcoin

R3’s Hearn and Brown Say Enterprise Blockchain’s Day of Reckoning Is Here

Bitcoin apostate Mike Hearn and his R3 colleague Richard Gendal Brown view the enterprise blockchain game as, if not quite zero-sum, something close.

Policy & regulation  ·  19 September 2018
Insurance

R3’s CordaCon Event Sees Big News, Packed Talks and Blockchain Converts

R3's annual Corda event appeared to be in rude health this year, with packed presentations and some notable news announcements.

Policy & regulation  ·  14 September 2018
Banking

SBI to Roll Out Ripple DLT-Based Payments App on iOS, Android

Having revealed the plan in March, Japan's SBI Holdings says it will roll out a Ripple DLT-based payments app for iOS and Android this autumn.

Business  ·  14 September 2018
Bitcoin

10 Years After Lehman: Bitcoin and Wall Street Are Closer Than Ever

Bitcoin, born into the flames of the credit crisis, seemed like a rebellion against a broken financial system. Ten years later, is that still true?

Business  ·  13 September 2018
Regulation

R3, Ripple Settle Legal Dispute Over XRP Purchase Option

Blockchain startups Ripple and R3 have resolved a legal battle that saw both firms filing suits in the U.S. over a contract dispute.

Policy & regulation  ·  11 September 2018
Trading

Goldman Sachs Said to Have Sidelined Plans for Crypto Trading Desk

Investment bank Goldman Sachs has reportedly dropped plans to launch a cryptocurrency trading desk, for now at least.

Business  ·  5 September 2018
Exchanges

Ripio Rolls Out Crypto-Powered Loans Across Latin America

Ripio is driving mainstream adoption among the unbanked of South America, offering crypto loans in Argentina, Mexico, and Brazil.

Business  ·  5 September 2018
Banking

IBM Debuts Stellar-Powered ‘Blockchain World Wire’ Payments System

IBM is taking its long-in-the-works blockchain-based payment system out of beta, with the launch of a product called Blockchain World Wire.

Business  ·  4 September 2018
Ethereum

World Bank Bond Blockchain Offers Key Insights

Is it time to rethink private blockchains? The World Bank's "blockchain bond" success has reinvigorated that question.

Business  ·  3 September 2018
Exchanges

Crypto Exchange AirTM Targets Troubled Markets With $7 Million Raise

Peer-to-peer cryptocurrency exchange AirTM has raised $7 million it says it will use to expand in troubled Latin American economies.

Business  ·  29 August 2018
Banking

Standard Chartered, Siemens Partner to Put Bank Guarantees on a Blockchain

Multinational banking firm Standard Chartered is teaming up with manufacturing giant Siemens to put bank guarantees for trade finance on a blockchain.

Business  ·  29 August 2018