Banking

Banking

‘WordPress of Blockchain’ Startup Seeks to Solve Enterprise Pain Points

Elemential, which is based in Mumbai, India, seeks to remove the pain of “blockchain administration."

Business  ·  22 April 2018
Banking

JPMorgan Trial Puts Debt Issuance on a Blockchain

JPMorgan Chase has partnered with National Bank of Canada and others to trial a blockchain platform aimed to improve the debt issuance process.

Business  ·  20 April 2018
Enterprise Blockchain

Blockchain Slump? Banks May Be Fatigued But Insurers Are Pumped

Giving progress reports on their blockchain projects, bankers come across browbeaten and anxious, while their cousins in insurance sound spritely.

Policy & regulation  ·  20 April 2018
Banking

Blockchain Taps Former Goldman Exec for Institutional Investor Push

Blockchain's new hire oversaw Goldman Sachs' relationships with institutional clients managing $1.49 trillion in assets.

Business  ·  17 April 2018
Trading

Barclays Is Talking to Clients About Opening a Crypto Trading Desk

A person with knowledge of the situation said all major banks are likely to be weighing the same decision.

Business  ·  16 April 2018
Security

Bank of America Envisions Blockchain As Internal Ledger

A newly released Bank of America patent application proposes securing health records on a permissioned blockchain.

Policy & regulation  ·  12 April 2018
Insurance

Moody’s: Blockchain Could Save US Mortgage Industry $1 Billion

Blockchain could boost efficiency and cut costs in a housing sector that's due for a digital overhaul, says Moody's.

Policy & regulation  ·  12 April 2018
Banking

Santander to Launch Ripple Payment App This Week

Banking giant Santander Group is reportedly launching a blockchain-based application for cross-border foreign exchange on Friday. 

Business  ·  12 April 2018
Fees

Lawsuit Alleges JPMorgan Chase Overcharged Crypto Buyers

An Idaho resident has sued the bank on behalf of "hundreds or thousands" of affected cryptocurrency investors.

Policy & regulation  ·  11 April 2018
Europe

Bank of England Eyes Private Blockchain Oversight

The Bank of England is examining how to maintain data privacy over a DLT network while still allowing a regulatory window into transactions.

Policy & regulation  ·  11 April 2018
Banking

Swiss Central Banker: State-Backed Crypto Would Pose ‘Incalculable Risks’

Swiss National Bank Governing Board member Andrea Maechler sees value in blockchain, but argues central banks should stay out of consumer payments.

Policy & regulation  ·  5 April 2018
CBDC

R3 Researcher: Central Bank Blockchain Could Go Live In 2018

South Korea's first major blockchain conference saw discussion of the possibility of a central bank cryptocurrency Wednesday.

Business  ·  5 April 2018
Russia

Russia’s Central Bank Mulls Ethereum System for Pan-Eurasian Payments

The Central Bank of Russia may use its ethereum-based Masterchain software to communicate financial messaging across the Eurasian Economic Union.

Policy & regulation  ·  4 April 2018
India

BankChain Project Launches Blockchain Exchange for Stressed Assets

The India-based consortium has launched a blockchain-based exchange for trading non-performing assets.

Business  ·  2 April 2018
Blockchain

TD Bank Considers Public Blockchain for Asset Tracking

A newly published patent application indicates that TD Bank may be considering the use of a public blockchain for certain kinds of transactions.

Business  ·  2 April 2018