Banking

Banking

Banks Back Syndicated Loan Market Built on Corda Distributed Ledger

A new syndicated loan marketplace backed by a group of major banks is set to be launched on top of R3's Corda distributed ledger platform.

Business  ·  6 October 2017
Banking

UK Central Bank Unveils Blockchain Data Privacy Pilot

The Bank of England announced four new financial technology projects, including a proof-of-concept test for distributed ledger technologies.

Business  ·  6 October 2017
Banking

Singapore Central Bank Reveals 3 New Blockchain Payments Prototypes

The Monetary Authority of Singapore has revealed three new prototypes as part of its "Project Ubin" blockchain research initiative.

Policy & regulation  ·  5 October 2017
Banking

Project Jasper White Paper Touts ‘Significant Benefits’ in DLT Payments

Bank of Canada and R3 have concluded that their Project Jasper initiative could provide a basis for building cash-based settlements systems in future.

Business  ·  5 October 2017
Banking

When Not If? Banks Strike Optimistic Tone on Blockchain Impact

A conference in Dublin yesterday united representatives of major financial firms and regulators in discussions over blockchain's way forward.

Business  ·  4 October 2017
Banking

New Banks Join UBS-Backed Blockchain Trade Finance Platform

Four major banks have joined a trade finance initiative launched late last year by Switzerland-based UBS and tech giant IBM.

Business  ·  4 October 2017
Banking

Boston Fed VP: Blockchain Will Wake Up Swift and Other Middlemen

The senior vice president of the Federal Reserve Bank of Boston believes blockchain will make financial middlemen wake up and innovate.

Policy & regulation  ·  3 October 2017
Banking

Icing on the Cake: R3 Launches Corda Distributed Ledger Version 1.0

Distributed ledger consortium R3 is releasing version 1.0 of its first major software offering, Corda, and celebrating with cake.

Business  ·  3 October 2017
Banking

Two Fewer Tims: R3 Sees Key Employees Depart for New Ventures

Blockchain consortium R3 has lost two of its most public employees, Tim Grant and Tim Swanson, who are moving onto their own ventures.

Business  ·  2 October 2017
Banking

US Regulator: Cryptocurrencies May Pose Risks, Rewards for Credit Unions

The top regulator for US credit unions said in a new report that cryptocurrencies pose both risk and reward for institutions in the industry.

Business  ·  29 September 2017
Banking

Canada’s Biggest Bank Tests Blockchain for Cross-Border Payments

Royal Bank of Canada (RBC), the largest bank in the country, is trialling blockchain technology for fund transfers to and from the U.S.

Business  ·  28 September 2017
Japan

Mizuho CEO: Financial Firms ‘Should Have Courage’ to Take Blockchain Live

The president and CEO of the Mizuho Financial Group "megabank" has spoken out on the potential of blockchain to disrupt financial incumbents.

Business  ·  26 September 2017
Regulation

Bitcoin Businesses Face Bank Account Closures in Singapore

Banks in Singapore have closed the accounts of a number of cryptocurrency firms without expanation, according to a news report.

Policy & regulation  ·  26 September 2017
Europe

Banks Simulate €100,000 Security Transaction in R3 DLT Trial

German banks working with the R3 blockchain consortium have successfully replicated the sale of a €100,000 security on a DLT platform.

Business  ·  26 September 2017
Regulation

Malta’s Government May Test Cryptocurrency in Regulatory ‘Sandbox’

A report by the Times of Malta suggests the country's government may soon be launching a novel cryptocurrency trial.

Policy & regulation  ·  26 September 2017