Banking

Banking

Bain & Co: Banks Risk Missing Out on Digital Currency

Consulting firm Bain & Company believes banks are at risk of missing out on the adoption of digital currencies – and the revenue that might come with it. The Boston-based firm has published research that argues financial firms are effectively holding themselves back amid an environment of regulatory and technological uncertainty. The consultancy’s report specifically targets international payments, stating […]

Business  ·  21 July 2016
Banking

Mizuho to Conduct Blockchain Payments Trial With Ripple

Mizuho Financial Group announced this week it will pilot Ripple's distributed ledger technology for use in cross-currency settlement.

Business  ·  20 July 2016
Banking

JPMorgan: Blockchain Tech is an ‘Opportunity’ for Asset Managers

A new report from JPMorgan Chase and Oliver Wyman argues that blockchain technology is an opportunity for asset managers.

Business  ·  18 July 2016
Banking

ISITC Europe Proposes 10 Blockchain Standards Benchmarks

ISITC-Europe has introduced 10 blockchain standards to help ensure the rapidly growing ecosystem of distributed ledgers work together.

Business  ·  18 July 2016
Regulation

US Regulator Warns Virtual Currency Enables Cyberattacks on Banks

The federal agency that oversees national banks in the US has named virtual currencies as an operational risk.

Policy & regulation  ·  13 July 2016
Europe

Dutch Central Bank Prepares its Boldest Blockchain Experiment Yet

The central bank of the Netherlands is preparing an ambitious experiment aimed at discerning if a financial market can be built on a blockchain.

Business  ·  12 July 2016
Banking

Santander Names Blythe Masters Senior Blockchain Advisor

Banco Santander has named Digital Asset Holdings (DAH) CEO Blythe Masters to a new role as senior blockchain advisor.

Business  ·  12 July 2016
Regulation

US Exchange Regulator FINRA Cites Bitcoin in Annual Risk Assessment

An organization tasked with regulating brokerages and exchanges is seeking to obtain information about how its members are using bitcoin.

Business  ·  8 July 2016
Banking

Myanmar Microfinance Firm Trials Blockchain

Tech firm Infoteria has successfully tested an application of blockchain technology with Myanmar microfinance firm BC Finance.

Business  ·  7 July 2016
Banking

Citi: Bitcoin is an Opportunity for Banks, Not a Threat

A new research report by banking giant Citi asserts that it does not view bitcoin and other digital currencies as a disruptive threat.

Business  ·  30 June 2016
Banking

IBM Completes Blockchain Identity Trial With Crédit Mutuel

IBM has completed a blockchain project with Crédit Mutuel Arkéa that found the two firms using the technology to verify customer identities.

Business  ·  30 June 2016
Ethereum

Specter of Ethereum Hard Fork Worries Australian Banking Group

As the ethereum community debates a hard fork option to undo losses sustained by The DAO, ANZ is questioning the credibility of public blockchains.

Business  ·  29 June 2016
Banking

BNP Paribas Lab to Focus on Distributed Ledgers

BNP Paribas Securities Services has announced a new innovation lab that will focus on big data and distributed ledger tech.

Business  ·  24 June 2016
Banking

Toyota Financial Services Joins R3 Consortium

Toyota joins R3CEV, making it the first member of the auto industry to join the distributed ledger consortium.

Business  ·  23 June 2016
Japan

Mizuho Tests Digital Currency-Powered Settlement

Built in partnership with IBM Mizuho Financial Group announced today that it has tested the use of a token-based blockchain settlement system.

Business  ·  23 June 2016