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RippleNet’s Multi-hop Feature Debuts With Thailand’s SCB
The global financial network relies on the Belgium-based SWIFT network to manage payments. While the system is the most reliable solution for banking entities around the world, cross-border payments are still a problem with several banks. дальше »
2018-10-2 20:19 | |
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Coinsquare Becomes First Cryptocurrency Trading Platform to Secure Relationship With a Big 5 Canadian Bank
Most cryptocurrency companies operate in the wild west of the financial world, deprived of the security of traditional financial markets. However, Canadian crypto firm Coinsquare is bringing the fiat-based financial world closer to the digital currency sector. дальше »
2018-10-1 05:04 | |
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RippleNet’s ‘Multi-Hop’ Feature to Ease Cross-Border Transactions in S. East Asia
In traditional banking, for there to be a cross-border payment, two banks had to be directly connected on a one-on-one basis. The situation in the Association of South Eastern Asian Nations (ASEAN) was exactly this way up until the Siam Commercial Bank (SCM) – a member of RippleNet – became the first financial institution in […] The post RippleNet’s ‘Multi-Hop’ Feature to Ease Cross-Border Transactions in S. East Asia appeared first on Ethereum World News. дальше »
2018-9-29 10:51 | |
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Swiss Startup SEBA Raises $103 Million to Build a Cryptocurrency Bank
Swiss Financial Services Startup Seba Crypto AG, is looking to create a bank that offers cryptocurrency services to corporations while providing traditional banking services to the emerging cryptocurrency and blockchain industry, reported Reuters on September 27, 2018. дальше »
2018-9-29 17:00 | |
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Swiss Startup Raises $103 Million to Build Cryptocurrency-Focused Bank
A Swiss cryptocurrency startup has raised over $103 million from private investors to build a crypto bank, reported Reuters on Sept. 27. Providing Banking to Crypto The parent company, SEBA Crypto AG, aims to provide financial services to cryptocurrency businesses across the globe, circumventing the problematic legislation and internal policies that most crypto-firms face while […] The post Swiss Startup Raises $103 Million to Build Cryptocurrency-Focused Bank appeared first on CryptoSlate. дальше »
2018-9-28 00:30 | |
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Former UBS Bankers Are Building a Crypto Bank in Switzerland
Seba Crypto AG (SEBA) has raised 100 million Swiss francs ($103 million) for the creation of a regulated bank that lets customers trade fiat for digital currency. The Zug-based startup is headed by former UBS managers Guido Buehler, who serves as CEO, and Andreas Amschwand, who serves as chairman. дальше »
2018-9-27 22:14 | |
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One of China’s Major State Banking Groups Successfully Transacts $1.3B in Securities Using Blockchain
One of the largest banks in China issued over $1 billion worth of securities utilizing blockchain technology. This marks a milestone, as the country's financial institutions are implementing blockchain more than ever, due to their transparency. дальше »
2018-9-27 18:41 | |
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75 More Banks To Join JP Morgan Chase Blockchain Payments Platform
International investment bank and financial service provider JP Morgan Chase have announced the enrolment of 75 new banks on their new and growing blockchain payment platform. The platform is a part of a collaboration between JP Morgan, ANZ and the Royal Bank of Canada. дальше »
2018-9-25 20:00 | |
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Another Plus One For Crypto; Banking Giants Fined Billions for Malpractice
For their misconducts, US and European regulators are imposing heavy fines on global banks. Solid research findings indicate that fines could top $400 billion by 2020 according to reports by Quinlan and Associates. дальше »
2018-9-26 16:30 | |
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Could Large-Scale Banking Fraud Be Avoided With Blockchains?
Faith in the banking industry went down during the 2008 financial crisis in the US. The Dodd–Frank Act and its counterparts were implemented around the world to make banking safer for users. However, a banking fraud in Denmark is unfolding to be on of the biggest that Europe has ever seen. дальше »
2018-9-24 14:59 | |
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Mastercard Files Patent to Use Blockchain to Track Payments
Blockchain technology is one of the emerging technologies in the world now, especially in the financial services and banking business. Mastercard, a leading card company in the world, is taking new strides into blockchain technology. дальше »
2018-9-21 20:49 | |
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Ripple Network Shows Fantastic Results After SAP And ATB Cross-Border Payments Project
Blockchain technology is changing the way in which financial institutions work, and this can be seen with the latest developments related to the Ripple Network. Falk Rieker, Global Head of Industry Business Units for Banking at SAP, talked about how traditional financial institutions are using Ripple for cross-border payments. He explained that banks all over […] дальше »
2018-9-20 07:12 | |
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A Third of Humanity Remains Financially Excluded
Unrestricted access to financial services is one of the main preconditions for achieving economic freedom. However, large portions of the planet’s population, especially in the developing world, remain excluded from the traditional banking system. дальше »
2018-9-19 20:55 | |
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10 Years Post the Global Financial Crisis of 2008, Here’s a Look where Bitcoin Stands Today
Ten years have gone by since the world witnessed a major financial collapse of the banking space, and also the birth of Bitcoin. Here a look at the journey of digital assets so far. The post 10 Years Post the Global Financial Crisis of 2008, Here’s a Look where Bitcoin Stands Today appeared first on CoinSpeaker. дальше »
2018-9-16 15:09 | |
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Modern chatbots are a solid 6.5 — but we need to strive for the perfect 10
The race for chatbot supremacy certainly doesn’t produce the heightened tension of the space race, but there’s definitely an unofficial international competition going on and it’s fascinating to watch. дальше »
2018-9-16 11:30 | |
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How Crypto-Collateralized Loans Restore Honest Lending (And Avoid Financial Crisis)
The fact that cryptocurrencies solve liquidity problems for multiple financial processes is now well known, but as the industry evolves and expands, could it save the world from another financial crisis? ‘We are in danger of sleepwalking into a future crisis’ In 2008, the catastrophic failure of a global banking system manipulating overly encouraging governmental regulation sparked a nightmare for billions of consumers around the world. дальше »
2018-9-15 19:00 | |
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Social Media Crypto Projects Like Reddcoin (RDD) Should Thrive In The USA
There is a disparity between how lawmakers in the US regulate the financial sector and the tech sector. An established banking industry makes it a hard climate for newcomers to succeed. Tech giants, like Facebook, Twitter, and Google exploit their position in a still nascent industry (as well as regulators’ ignorance) to enjoy limited oversight […] The post Social Media Crypto Projects Like Reddcoin (RDD) Should Thrive In The USA appeared first on Crypto Briefing. дальше »
2018-9-11 18:42 | |
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Top 5 Blockchain Based Technologies
Blockchain technology has rightly been called the most disruptive tech to have emerged this century. It has gone beyond its original ambition of being just a mode of monetary transactions. Today, various industries across different sectors are looking towards leveraging the distributed ledger to improve their business models. дальше »
2018-9-10 06:00 | |
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Iran Confers ‘Industry’ Status Upon Crypto Mining Activities
Iran’s defiance of the US sanctions and its entry into alternative financial systems is creating inroads for cryptocurrencies. After being sidelined from the Belgium-based global banking and finance system SWIFT, the country is left with few options to handle payments and remittances internationally. дальше »
2018-9-6 16:59 | |
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Blockchain Company In Switzerland Seeks Banking License In 2019
Smart Valor, a blockchain company in Switzerland has recently been given the approval from the country’s regulators to function in the local financial market. Instead of the Financial Market Supervisory Authority (FINMA) regulating the Swiss blockchain company, they will instead be regulated by the local Financial Services Standards Association (VQF). дальше »
2018-9-6 12:30 | |
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IBM Launches Blockchain Payments Powered by Stellar
IBM has officially dipped its toes in the cross-border payments pool, having brought its long-awaited Blockchain World Wire payments system out of beta testing. According to the computing multinational’s website, the Stellar-powered system will be used by financial institutions settling cross-border payments “in near-real-time,” purportedly offering a faster, cheaper replacement for the banking intermediaries of today. дальше »
2018-9-6 06:00 | |
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China’s Largest Bank Embrace Blockchain
The ICBC (Industrial and Commercial Bank of China) have announced that they are putting their focus on developing blockchain technology. This is a huge development, when you consider China’s push to integrate the technology of blockchain into financial systems with the ICBC is the largest banking business in the country with over 500 personal customers and more than 5,000 corporate customers. дальше »
2018-9-5 16:30 | |
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Africa and its Antiquated Banking: Cryptocurrencies The Solution?
Africa has steadily accelerated the switch to modern technologies. But can a continent facing a crisis with antiquated banking technologies, low rate of financial inclusion, poor confidence in the banking system, and high remittance costs become the new battleground for blockchain or cryptocurrency-centred settlements? Also read: Square’s Big Week: Crypto Patent, Shares Leap, and Lightning […] The post Africa and its Antiquated Banking: Cryptocurrencies The Solution? appeared first on Bitcoin News. дальше »
2018-9-5 05:55 | |
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Africa and its Antiquated Banking: Bitcoin The Solution?
Africa has steadily accelerated the switch to modern technologies. But can a continent facing a crisis with antiquated banking technologies, low rate of financial inclusion, poor confidence in the banking system, and high remittance costs become the new battleground for blockchain and cryptocurrency? Also read: Square’s Big Week: Crypto Patent, Shares Leap, and Lightning Plug […] The post Africa and its Antiquated Banking: Bitcoin The Solution? appeared first on Bitcoin News. дальше »
2018-9-6 05:55 | |
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Feniks.Finance ICO
Feniks. Finance is a new financial blockchain based system, created on a fundamentally new concept, capable of scaling its speed as needed and adding new functionality. Feniks. Finance can be used as an international banking system for information transfer and payment execution. дальше »
2018-9-4 12:03 | |
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ORBISE Enters New Markets with CoinDeal Listing
OU ORBISE Corp. (“ORBISE”) celebrates its first milestone on the way to reinventing the global cryptocurrency financial system by listing the ORBT token on the CoinDeal exchange platform. ORBISE aims to disrupt the financial services market through its innovative blockchain solution and token. дальше »
2018-9-2 23:56 | |
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Siemens Joins Standard Chartered to Further Tout the Potential of Blockchain in Banking
Siemens Financial Services will work together with Standard Chartered and TradeIX to provide blockchain-based solutions for trade finance. The post Siemens Joins Standard Chartered to Further Tout the Potential of Blockchain in Banking appeared first on CoinSpeaker. дальше »
2018-8-30 14:16 | |
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Canada Delays Regulation of Cryptocurrencies and Blockchain Companies
The Canadian government has postponed the release of its final regulations for cryptocurrency and blockchain companies. The final published regulations were due this fall, but the government now says they won’t be published in the Canada Gazette until late 2019. дальше »
2018-8-28 20:18 | |
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BFSI Blockchain tech market and the emergence of Crypto Banks
The blockchain is revolutionising the way many industries run. With big players and even governments injecting substantial capital into the blockchain, it gives developers opportunities to phase their focus in developing technology for the BFSI sector. дальше »
2018-8-27 01:07 | |
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Get Cashback in Cryptocurrency from Revolut’s Newly Launched Metal Debit Card
With the rapid influence of technological change in the financial sector, cryptocurrency debit cards are becoming more prevalent. On Wednesday, August 22, digital banking service provider Revolut launched a new metal card that gives its customers cashback in cryptocurrency. дальше »
2018-8-26 15:31 | |
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Chinese Government Issues Warning Against Illegal Cryptocurrency Fundraising Activities
A coalition of Chinese regulatory bodies has issued a joint statement warning against illegal cryptocurrency trading and fundraising activities by “lawless elements” under the guise of “financial innovation” and “blockchain”. дальше »
2018-8-25 22:36 | |
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Op Ed: New Bermuda Legislation Will Create a Novel Class of Bank to Service Fintech Companies
As we reported on July 19, 2018, Bermuda is determined to establish itself as the leading jurisdiction for fintech entrepreneurs, in particular those involved in initial coin offerings (ICOs), digital assets and virtual currencies. дальше »
2018-8-23 23:03 | |
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Cryptocurrency Custodian Services are Wall Street’s Chance at Being Crypto-Relevant
Despite the world’s top banks and financial institutions taking periodic jabs at the cryptocurrency market, a behind-the-scenes look suggests substantial interest. With the rising number of blockchain patents, crypto experiments and cross-border blockchain remittances, cryptocurrencies are an asset class the banks can show disdain toward, but not avoid. дальше »
2018-8-16 05:00 | |
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Blockchain Technology Advantages are Transforming Major Industries
Why Are Industries Shifting to Blockchain Technology? Practical Uses for Blockchain Technology Industries are increasingly shifting to blockchain technology. Blockchain technology is already transforming certain industries – like banking and financial products. дальше »
2018-8-11 19:28 | |
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How Traditional Banks Are Looking to Enter the Crypto Space
On August 8, 2018, JPMorgan’s Jamie Dimon stated that more banks are considering building businesses to work with the digital currency ecosystem, seeing the emerging space of cryptocurrencies as a blind spot for major financial institutions. дальше »
2018-8-10 02:00 | |
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Japan to Focus Cryptocurrency Regulation on Speculative Investments
The Financial Services Agency, the government agency that oversees banking, securities, and exchange services in Japan, plans to set up stricter requirements on cryptocurrencies and its use for speculative purposes. дальше »
2018-8-9 01:30 | |
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New Partnership Designed to Securely Track Precious Metal Trades
Financial technology firm Paxos has formed a partnership with INTL FCStone Inc’s precious metals division. The department will now be using Paxos Confirmation Service — a tool built specifically for the precious metals arena — to instantly automate daily trade confirmations and reduce human error. дальше »
2018-8-9 18:15 | |
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Facebook recently started asking banks for your financial data
A report from the Wall Street Journal today revealed Facebook was attempting to gain detailed financial information from its users’ banks. Oof, in how many languages can I say “no?” According to the Journal, Facebook has approached the likes of Wells Fargo, JP Morgan Chase, and Citigroup with an eye toward partnership. дальше »
2018-8-7 02:45 | |
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Coinbase Renews Money Transmitter License in Wyoming, Reopens Services in State
Coinbase has announced that it has renewed its money transmitter license in Wyoming three years after terminating its activities in the state. The move marks a significant shift in the working relationship between the crypto exchange giant and state regulators following the expiry of the previous license in June 2015. дальше »
2018-8-7 23:08 | |
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Many Swiss Bankers and Financial Regulators Quit to Join the Crypto Space
A lot of people in Switzerland have left the traditional financial sector to work in the crypto space, in which the banking nation is now developing a niche market. The Swiss banks don’t show enthusiasm officially, but they massively have interests in dealing with Bitcoin, insiders say. дальше »
2018-8-6 18:45 | |
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