Blockchain tech could reduce banks' infrastructural costs by $15-20 billion a year by 2022, says a new report by Santander InnoVentures.
Two of Australia’s ‘big four’ banks, Westpac Banking Corporation and the Australia and New Zealand Banking Group, are experimenting with peer-to-peer transfers on the Ripple protocol. The news, revealed by The Australian Financial Review, follows last month’s announcement that the Commonwealth Bank of Australia (CBA) – another ‘big four’ rival – is trialling the tech for transfers between […]
Estonia’s LHV Bank has backed a project to create a financial services platform and money-transfer app that will utilize bitcoin.
Bitcoin will not see a surge in Greece following this week's debt payment decision, BitMex's founder has said.
Australia's Commonwealth Bank announced it would use Ripple technology at its subsidiaries, with a view to incorporating digital currencies in future.
In this post, Richard G Brown develops an argument for replicated shared ledgers from first principles.
Bitcoin exchange itBit has filed an application for a state banking license in New York, the NYDFS reports.
Mariano Belinky, managing director of Santander InnoVentures discusses whether distributed ledgers have the potential to transform banking.
Bitcoin’s consumer appeal and the technical promise of distributed ledgers were hotly debated topics during yesterday's FutureMoney event.
Jamie Dimon, chairman and president of JP Morgan Chase, says his bank can learn from disruptive payment systems like bitcoin.
Swiss investment bank UBS will open a London-based research lab to explore the application of blockchain technology in the fintech industry.
As cryptocurrencies grow in popularity, they will continue to threaten revenue streams of the traditional banking system, according to a new report from the British Banking Association (BBA). A section of The Digital Disruption: UK Banking Report looks specifically at cryptocurrencies and the impact they have already had, and will continue to have, on people’s […]
Goldman Sachs has published a report naming bitcoin and Ripple among the technology trends that could shape the future of global finance and payments.
Speaking before the Institute of International Bankers this week, the US Comptroller of the Currency discussed virtual currency.
A combination of digital currencies and mobile technology may reshape the payments landscape, according to a new Bank of England research report.