Banking

Banks

UBS’ Alex Batlin on the Future of Blockchain Tech in Finance

When it announced its blockchain innovation lab earlier this year, UBS caused a ripple of excitement and trepidation. It was a watershed moment: one of the world’s wealthiest investment banks was putting its money, and public image, behind blockchain technology. Not only that, but it would be experimenting deep in the financial heart of London. The […]

Business  ·  23 August 2015
Banking

BBVA: Blockchain Tech Could Replace Centralised Finance System

Blockchain ledgers can potentially bypass today's centralised financial infrastructure, according to a report by BBVA Research US.

Business  ·  11 August 2015
Regulation

US Bank Regulator Calls for Balanced Bitcoin Oversight

The head of the US Office of the Comptroller of the Currency has called for balanced regulation for financial technology such as bitcoin.

Business  ·  10 August 2015
Banking

Deutsche Bank: Blockchain Can Help Banks Defend Business Models

A new editorial penned by Deutsche Bank Research suggests banks should seek to leverage blockchain technologies in an effort to improve services.

Business  ·  10 August 2015
Europe

Central Bank Denies Claim Blockchain Broadly Used in Estonia

The Estonian central bank has denied that the country’s banking system relies on the use of a blockchain to secure information.

Business  ·  7 August 2015
Exchanges

9 Crypto Startups Make BBVA Competition Final

Nine crypto startups have made it through to the final of this year's BBVA Open Talent competition.

Business  ·  7 August 2015
Europe

Italian Banking Group: Bitcoin’s Advantage is its Network Effect

The European Securities and Markets Authority has published new submissions from a recent call for information on digital currencies.

Policy & regulation  ·  5 August 2015
JP Morgan

Bitcoin and Trading Execs Team up to Disrupt Settlement

A bitcoin entrepreneur and a trading veteran have partnered on a blockchain project that aims to streamline the way assets are exchanged.

Business  ·  27 July 2015
UK

Research: Banks Unprepared For Digital Disruption

Banks are not prepared for the wave of disruption from digital companies seeking to capture the financial market, according to new research. In a survey of senior executives from the UK’s retail banking and wealth management sectors, digital innovation agency Adaptive Lab found that legacy technology and rapidly changing consumer behaviour were hampering innovation. Commenting on the […]

Markets  ·  21 July 2015
Banks

ING Bank: Customers Not Blocked From Buying Bitcoin

A spokesperson for ING Group has clarified that its customers are able to buy bitcoin via company bank accounts.

Business  ·  17 July 2015
Banks

BNP Paribas: Blockchains Will Destroy or Rebuild Securities Services

Blockchain technology will bring either doom or opportunity to securities services firms, according to European banking giant BNP Paribas.

Business  ·  3 July 2015
UK

RBS Trials Ripple as Part of £3.5 Billion Tech Revamp

RBS confirmed it is undertaking a proof-of-concept with Ripple technology, following a high-profile payments mishap earlier this month.

Business  ·  26 June 2015
Exchanges

Coinplug Wins $45,000 Prize for Blockchain ID Service

Korea's Coinplug has won a mainstream fintech award for its blockchain-based user authentication system, one that offers significant benefits.

Business  ·  25 June 2015
Exchanges

Barclays Trials Bitcoin Tech With Pilot Program

Barclays has signed off on a proof-of-concept to trial bitcoin technology in an agreement with bitcoin exchange Safello.

Business  ·  22 June 2015
Exchanges

Polish Exchanges Lose Payment Processors in Bitcoin Crackdown

Polish payment processors and at least one bank in the country have closed the accounts of local bitcoin exchanges.

Business  ·  18 June 2015