2019-5-10 16:00 |
Figure Technologies, founded by former SoFi CEO Mike Cagney, has closed a $1 billion “uncommitted” line of credit on a blockchain. origin »
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Standard Chartered Bank has successfully executed Bangladesh’s first blockchain trade transaction by issuing a Letter of Credit over the Contour blockchain network, New Age reports. Letter of Credit Issued on Blockchain In a first for Bangladesh, Standard Chartered Bank issued a Letter of Credit for ready-made garment exporter Viyellatex Ltd.
2020-8-17 22:15 | |
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Shinhan Card has been granted a patent for a blockchain payment system that could reportedly do away with physical credit cards.
2019-7-15 13:15 | |
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CoinSpeaker How Blockchain is Changing the Nature of Credit Cards While blockchain has considerable, yet partly unsused potential in the wider financial markets, PumaPay has come to reform credit transactions and introduce cryptocurrencies into the consumer mainstream.
2018-10-31 13:42 | |
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Points (PTS), a blockchain data collaboration protocol for better credit scoring and inclusive finance, has announced $ 8 million in funding from traditional and blockchain venture capital including DHVC, Cherubic Ventures, Ce Yuan, Ontology Foundation, Nest.
2018-7-21 13:16 | |
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Blockchain Data Collaboration Protocol, POINTS (PTS), Raises $8 Million From Funding Recently launched credit score data platform, POINTS, is looking to build a blockchain-based protocol on the Ontology blockchain after successfully raising $8 million through crowdfunding.
2018-7-21 23:08 | |
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The new fintech regulatory sandbox will look into activities of individual microlending while developing new alternatives for the traditional credit scores. On Wednesday, July 18, The Wall Street Journal announced that the U.
2018-7-20 19:32 | |
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The new fintech regulatory sandbox will look into activities of individual microlending while developing new alternatives for the traditional credit scores. The post CFPB Launches Fintech Regulatory Sandbox To Foster Blockchain Innovation appeared first on CoinSpeaker.
2018-7-20 15:56 | |
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Points will offer a blockchain-based data collaboration solution aimed to minimize risks to banks and other credit institutions in providing loans to the unbanked.
2018-7-20 15:24 | |
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A blockchain startup has raised $8 million in a seed funding round with a mission to develop a protocol to serve the unbanked.
2018-7-20 03:00 | |
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As the world of cryptocurrencies constantly evolves and changes, traditional institutions, such as banks, are trying to keep up with the crowd. Mastercard was able to receive a patent which allowed users to manage ‘fractional reserves of blockchain currency’.
2018-7-19 13:30 | |
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Consumers might one day be able to charge their purchases on their credit cards using bitcoin as a currency. On Tuesday, Mastercard won a patent to protect a method that would manage “fractional reserves of blockchain currency.
2018-7-18 20:13 | |
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Bringing cryptocurrencies closer to the global banking and finance system could help in the better adoption of these assets. As per CNBC, a new patent awarded to MasterCard could assist in bridging the gap between these two entirely distinctive systems.
2018-7-18 19:29 | |
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The Large Credit Union Coalition (LCUC) announced that it had joined New York-based enterprise software firm R3’s global blockchain ecosystem. The post Blockchain Consortium R3 Welcomes Canada’s Large Credit Union Coalition to its Network appeared first on CoinSpeaker.
2018-7-18 11:28 | |
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Consumers might one day be able to charge their purchases on their credit cards using bitcoin as a currency. On Tuesday, Mastercard won a patent to protect a method that would manage “fractional reserves of blockchain currency.
2018-7-18 10:09 | |
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The Large Credit Union Coalition, comprising of CIOs of the 16 largest credit unions in Canada, has joined blockchain consortium R3 to explore and develop its Corda platform
2018-7-18 02:12 | |
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Stronghold, a cryptocurrency trading platform housed by Stellar, is launching a stablecoin on its parent network’s blockchain in collaboration with IBM. Stronghold USD will be backed with “one-to-one U.
2018-7-18 22:00 | |
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The blockchain consortium led by R3 has added Canada’s Large Credit Union Coalition (LCUC), which comprises 16 credit unions from Ontario, Manitoba, Saskatchewan, Alberta and British Columbia.
2018-7-18 21:20 | |
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The newly proposed blockchain system helps to provide concrete evidence of the transactions between merchants and customers in addition to the traditional receipts. The post Credit Card Giant American Express Files a Patent for Blockchain-based Proof-of-payment Technology appeared first on CoinSpeaker.
2018-7-16 16:32 | |
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Carats. io is creating the first financial market for diamonds. Using their state-of-the-art algorithm, Carats. io have developed a means to standardize prices for these non-homogeneous gemstones, creating the foundation for a diamond-backed digital currency.
2018-7-16 13:31 | |
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Credit card giant American Express may be looking into developing a new proof-of-payment (PoP) system based on blockchain technology.
2018-7-16 04:30 | |
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Kris Marszalek, who is the CEO and co-founder of blockchain-powered startup firm Crypto. com, announced the launch of the MCO Visa card. The card will enable users to spend digital coins at more than 40 million places.
2018-7-14 16:34 | |
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American Express Looking to Make Use of Blockchain-Based PPS (Proof-of Payments) System American Express, the credit card company recently filed a proof-of-payment system patent application to be based on the blockchain technology.
2018-7-14 00:09 | |
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The credit card giant’s newly published blockchain patent application proposes a different way to obtain proof of payment.
2018-7-13 21:02 | |
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Borrowers in the informal sector and small businesses face many challenges when they try to borrow credit from formal lenders. They are required to have a good credit record from banks and other institutional lenders.
2018-7-9 13:19 | |
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Trade finance is a complex and tedious process that involves a large number of participants. With the risks involved being quite high, especially in international trade finance, banks have stepped in to mitigate them through various products such as letters of credit and bank guarantees.
2018-7-7 01:00 | |
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LetsBet is a blockchain based, decentralized P2P betting exchange. It is a automated match-making platform, where people could challenge each other, for example to bet on the results of games, to predict the correct scores or prices of stocks, currencies, etc.
2018-7-6 21:26 | |
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Новая патентная заявка IBM описывает метод каталогизации обновлений кода на основе блокчейна. Об этом сообщает Coindesk. Описание приложения под названием Blockchain for Program Code Credit and Programmer Contribution in the Collective было опубликовано 5 июля Управлением по патентам и товарным знак...
2018-7-6 10:22 | |
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A new patent application from IBM outlines a way for developers to catalog coding updates and milestones on a blockchain. The application – entitled “Blockchain For Program Code Credit and Programmer Contribution in a Collective” – was published on July 5 by the U.
2018-7-6 01:27 | |
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The problem with small businesses is that innovation and competition drives them. Consequently, this means the owners often find a hard time in obtaining the right credit data for their lending expenses.
2018-7-4 11:32 | |
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Blockchain’s rapid development has given rise to may different kinds of chains, naturally leading to the birth of a new technology — cross-chain technology. In fact, cross-chain applications has been a hot topic of discussion in the cryptocurrency community.
2018-7-1 22:00 | |
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This has been an interesting week in the crypto space, especially in terms of partnerships. This week, Poseidon Foundation, which is a carbon credit and marketing blockchain NGO built upon the Stellar network partnered with Briggs Automotive Company (BAC).
2018-6-30 05:58 | |
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BBVA and Repsol have signed an agreement to work together on developing a blockchain financial solution that renews a 325-million-euro credit line. The revolving credit facility (RCF) is being used on the blockchain for the first time.
2018-6-22 23:10 | |
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Banking giant BBVA announced a deal with energy giant Repsol to leverage blockchain for corporate finance solutions.
2018-6-20 22:37 | |
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Australian based peer to peer energy trading platform Power Ledger will collaborate with Silicon Valley Power to track the renewable energy use of electric vehicles. First Carbon Credit Project Perth startup Power Ledger has been pioneering blockchain based peer to peer renewable energy projects in countries around the world.
2018-6-20 13:00 | |
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June 13th Singapore time, after a long period preliminary review and examination, DAGT, one of the world’s first digital asset credit pledge platforms which is based on blockchain technology, successfully listed on the ForkDelta Digital Asset Exchange (#2 Ranked Ethereum Dapp by active users).
2018-6-20 22:00 | |
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Informal sector traders and retailers in Nairobi are overcoming credit apathy by the country’s banks with new age blockchain technology marketplace apps. They are using an online marketplace called Twig, a startup backed by IBM.
2018-6-14 15:31 | |
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The banking arm of Chinese retail giant Suning is testing a consortium blockchain that would allow participating banks to record and update a shared ledger of users with bad credit scores. According to a local news source Sina Finance on Thursday, Suning Bank developed the blockchain system in order to move its blacklist of suspect
2018-6-14 13:54 | |
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The banking arm of Chinese retail giant Suning is testing a blockchain that would allow banks to share a ledger of users with bad credit scores.
2018-6-14 11:00 | |
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Venmo could be the ultimate cryptocurrency experience from a user-experience perspective. Any cryptocurrency that seeks to power the future of global transactions must ensure that it is supported by a payment system that is simple, user-friendly and free — like Venmo.
2018-6-11 16:51 | |
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As bitcoin continues to gain traction as a financial asset, its role in reshaping traditional mortgages could mark a significant advancement for homeownership and the American Dream.
Coinspeaker Mortgage Demand Swells amid Suspended Interest Rate Hikes The Mortgage Bankers Association said there was a 10% jump in homeownership demand last week in anticipation of paused rate hikes.
Coinspeaker Mortgage Demand Slides 13. 2% to Conclude 2022 amid Rising Interest Rates The demand for mortgage in the United States nosedived at the tail end of 2022 following a two-week reprieve.
Figure Technologies Inc. is making plans to launch a special purpose acquisition company (SPAC). Dubbed Figure Acquisition Corp. I, the blank-check firm will enable Figure to raise $250 million, according to a Bloomberg report on February 12, 2021.
The potential closure of more regional banks in the near-term poses an unexpected threat to mortgage holders in the near-term. The post Coronavirus Could Trigger Mortgage Market Crash as First FDIC-Insured Bank Falls appeared first on CCN.com