2020-5-19 16:00 |
Top Chinese digital bank WeBank is partnering with OpenNodes to drive blockchain innovation among Singaporean universities.
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The new Fintech Innovation Regulations implemented last year by the Bank of China (BoC) in a Beijing Pilot program will be extended to six more districts, with hopes of benefiting the real economy amidst global Covid-19 concerns.
2020-4-30 20:43 | |
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According to a 2019 report, Thailand ranks first in the world for mobile banking users. One of the reasons for this achievement is Siam Commercial Bank (SCB), which has spearheaded digital banking in the country over the past decade.
2020-3-26 20:53 | |
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The Coronavirus (COVID-19) pandemic has inevitably sparked innovation and caused an increase in adoption of some markets sooner than we expected. An Italian bank, Banco Sella, recently launched a BTC trading service in a bid to deal with the tough financial times.
2020-3-20 20:32 | |
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Riksbank, which is the central bank of Sweden, has already started to test its own central bank digital currency (CBDC) ever since February, and now would like to host the Bank for International Settlements (BIS) digital currency innovation hub.
2020-3-18 00:10 | |
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Sweden is seeking to amend current laws in a bid to host the Bank for International Settlements innovation hub for digital currencies
2020-3-17 15:59 | |
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The English central bank has outlined its plans for a CBDC, confirming their intent to act on monetary innovation. According to the research paper, the digital currency will run in tandem with the Real Time Gross Settlement (RTGS) system with intermediaries in charge of issuance to the public, March 13, 2020.
2020-3-13 14:00 | |
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According to local reports from the news agency, JoongAng Ilbo, SK Telecom is partnering with NH Bank to develop a “mobile employee ID” within the NH Digital Innovation Campus in Seocho-gu in Seoul.
2020-2-28 16:14 | |
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For some, it will come as a surprise that the Federal Reserve, the United States’ Central Bank, is just over 100 years old. The Fed has become so ingrained as the controller of money, and monetary policy, that it seems odd it was once an innovative, new, and decentralized idea — much like Bitcoin is […] The post The Federal Reserve Was a ‘Decentralized Innovation’ (Like Bitcoin) appeared first on BeInCrypto.
2020-2-23 11:22 | |
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Benoit Coeure, current head of Innovation Hub at the Bank of International Settlements (BIS), has today said in an interview with CNBC he is confident central banks partly hold the future of cryptocurrencies.
2020-2-21 00:08 | |
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Digitizing the dollar is a key factor in maintaining its appeal as a global currency, Trump’s nominee to the Federal Reserve, Judy Shelton, says. In a congressional hearing on Thursday, Fed nominee, Judy Shelton, said the Federal Reserve should be “compelled to think” about a central bank digital currency (CBDC) given the mileage the innovation […]
2020-2-14 18:21 | |
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Last year was pretty dismal for the bitcoin and crypto industry in India. Regulatory procrastination and a negative outlook from politicians have stifled the ecosystem and innovation, will 2020 be any better? BITCOIN BATTLING IN INDIA The Reserve Bank of India (RBI) has been relentless with its disapproval towards bitcoin and the crypto industry over the past couple of years.
2020-1-7 12:16 | |
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The cryptocurrency industry is over a decade old, and there are many countries that have slowly adopted regulations to support its innovation. Despite having a crypto-friendly atmosphere in nearby regions, Governor Stephen S.
2019-12-16 22:28 | |
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Bank of Korea (BOK) is stepping up the development of its central bank-issued digital currency by hiring experts, suggests local media reports. The central bank is looking for a PHD level specialist who will be in charge of the digital innovation research and payment department.
2019-12-11 23:03 | |
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Bank of America is easily one of the most influential and one of the largest banks in the world, so any stance of this institution holds significant weight. With the recent declaration that Ripple is an “innovation example,” the XRP community is thrilled, as one member, BankXRP, shared a screenshot from the praise-filled document. Bank […]
2019-12-11 00:07 | |
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A prominent XRP community member shares data in which the Bank of America names Ripple?s cross-border payment system an ?innovation example?
2019-12-10 11:48 | |
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Regardless of crypto market price action, some countries have had a better 2019 than others. India has been on the back foot for most of it as the central bank and regulators procrastinated with the new technology and stifled further innovation.
2019-12-9 12:30 | |
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From viewing global stablecoins as a threat to considering the launch of a central bank digital currency, the European Central Bank [ECB] has come a long way. In a recent document titled, "Innovation The post ECB may launch CBDC if it fails to develop efficient payment solution appeared first on AMBCrypto.
2019-12-5 07:42 | |
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In a bid to transform the French financial industry, Denis Beau, the First Deputy Governor of the Bank of France, proposed the use of blockchain technology in euro payment settlements within the Eurozone whilst at the Second Annual Capital Markets Technology and Innovation Conference, according to an Econotimes report, November 26, 2019.
2019-11-26 16:00 | |
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The Global Commercial Banking Growth and Innovation Blockchain Lead of British multinational bank HSBC, Joshua Kroeker, has stated that he expects blockchain to be commercialized at an enterprise level in 2020.
2019-11-22 14:59 | |
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Benoit Coeure, a former member of the executive board of the European Central Bank (EBC) has been assigned to lead the Bank of International Settlements (BIS)’s Innovation Hub, starting next year, and will continue in the position for the next five years.
2019-11-12 23:50 | |
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On Friday, China’s leader, President Xi Jinping, absolutely floored the Bitcoin community. Speaking at a meeting of the Political Bureau of the Chinese Communist Party’s Central Committee, Xi called for the adoption of blockchain “as an important breakthrough for independent innovation of core technologies.
2019-10-28 10:24 | |
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The central bank of Hungary, the MNB, has just published its first strategy on fintech. The plans aim to bring greater digitization to the domestic financial sector in the country. The report, titled ‘Financial Innovation and Stability,’ is the product of central bank collaboration with Hungarian companies working in the fintech industry.
2019-10-27 00:15 | |
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According to Bank of England deputy governor Dave Ramsden, developing a synthetic central bank digital currency is “worth looking at.” Ramsden who oversees payments and fintech said currently, the UK central bank is “very focused” on what needs to be done to provide infrastructure to encourage private innovation. Now, creating a digital currency with other […]
2019-10-20 17:39 | |
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The Bank of Canada is among the regulatory authorities around the world looking to launch their own digital currency. A recent internal report presented to its Governor, Stephen Poloz, highlighted some benefits that could come with this innovation.
2019-10-16 18:46 | |
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The Swiss National Bank (SNB) and the Bank for International Settlements (BIS) signed an agreement on October 8. They agree to dedicate two innovation hubs to blockchain technology. In focus: a digital central bank currency.
2019-10-9 15:29 | |
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Central Bank Digital Currencies (CBDCs) are an important subject in Switzerland right now. The Swiss National Bank (SNB) has recently started a partnership with the Bank for International Settlements (BIS) to begin a study on CBDCs, which will be conducted at the BIS Innovation Hub Center, which is based in Switzerland. According to the latest […]
2019-10-9 01:13 | |
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The Swiss National Bank and SIX Group to research digital central bank money within new BIS Innovation Hub
2019-10-9 21:27 | |
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The European Central Bank confirmed earlier today that the European System of Central Banks [ECSB] is looking to explore new technologies and innovations to improve the financial sector, something which is in line with their mandate.
2019-9-27 15:18 | |
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“The world of fiat money is in flux, and innovation will transform the landscape of banking and money. You can bet your bottom dollar on it,” read the IMF's latest blog “From Stablecoins to Central Bank Digital Currencies.
2019-9-26 20:04 | |
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Wells Fargo’s innovation lead says the bank’s new digital cash for internal transfers is faster and more efficient than SWIFT.
2019-9-21 15:00 | |
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During an interview with MoneyControl. com, Akhil Handa, Head of Fintech & Partnerships and Mobile Banking at Bank of Baroda, explains how the bank is keeping up with the time thanks to digital innovations such as blockchain.
2019-9-12 01:00 | |
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During the G7 meeting in France last week, Jens Weidmann, president of Bundesbank, Germany's central bank, came out in favor of Facebook's Libra project, noting that regulators should not work to suppress innovation before clarifying details can be provided.
2019-7-23 19:13 | |
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Ripple has been working towards developing its technology and promoting its native crypto, XRP, for years now, managing to get many powerful financial institutions to use its tech. However, the general public still deals with problems related to payments and money transfers.
2019-7-6 17:00 | |
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Совет Банка международных расчетов (БМР) одобрил создание инновационного центра для содействия международному сотрудничеству центральных банков в области финансовых технологий. Об этом сообщила пресс-служба Банка.
2019-7-2 17:00 | |
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A Slideshare by Bank of America Merrill Lynch (BAML) and uploaded by Swift, “SWIFT LARC 2019 – Innovation in Latin America_BAML” from May 2019 recently surfaced online. Per BAML’s GTS innovation program, the bank is involved in Participation Experimentation Consortium memberships, commercial letter of credit, and proof of concepts bank-to-bank, in the blockchain space. The […]
2019-6-30 16:52 | |
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France will set up a task force for the G7 nations to investigate ‘stablecoin’ projects such as Facebook’s Libra cryptocurrency. France’s Central Bank Isn’t Entirely On-Board With Stablecoins France’s Central Bank Governor, Francois Villeroy de Galhau, made the announcement, while addressing finance industry officials.
2019-6-21 22:00 | |
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The Association of Southeast Asian Nations (ASEAN) continues to make its case as one of the world’s most exciting testing grounds for blockchain, cross border payments, and digital assets. Ripple has been part of much of this pioneering work with partners like SBI Remit, CIMB Group, Siam Commercial Bank, Mitsubishi Corporation and Standard Chartered, the … Continued The post Remittance Innovation in ASEAN Is Changing Lives for Workers Living Abroad appeared first on Ripple.
2019-6-20 00:17 | |
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After exploring the opportunity last year, major Dutch bank Rabobank has decided it’s not going to take its plans for a cryptocurrency wallet any further. In February last year, news surfaced that Rabobank was working on a cryptocurrency service – called Rabobit – which promised to bridge the gap between bank accounts and cryptocurrency wallets.
2019-5-23 14:00 | |
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Mark Carney, the governor of Bank of England vows to reinvent the central banks to make it fit for the “new economy” of “Fourth Industrial Revolution.” The central bank has been opening up its payments infrastructure to fintech startups, said the governor, making climate change a key priority and embracing artificial intelligence to help the […]
2019-4-30 18:34 | |
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The cryptocurrency market has always fluctuated unpredictably. This is why traders need to find solutions to maximize their profits. Along with the development of technology in industry 4. 0 era, Artificial Intelligence (AI) is providing ways to navigate the volatile cryptocurrency market.
2019-4-30 13:00 | |
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Andrei Poliakov is the CEO and co-founder of Coinberry, one of Canada’s premier digital currency platforms. His company is the first in Canada to partner with a government municipality.
2019-4-23 17:42 | |
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Pitcher Perfect has on-boarded Initium Group in the quest for nurturing innovation in the blockchain community. Initium Group will be attending the 3rd edition of UCIM, in the Pitcher Perfect event to be organized at Berlin.
2019-4-19 14:42 | |
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The Russian Federation doesn’t exactly scream friendliness when it comes to financial innovation, but appears to be making an exception for a company called Bank 131. At a time when Russia is taking away banking licenses, this fintech business is the first to receive a license in four years.
2019-4-12 02:13 | |
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According to local reports, the Bangko Sentral ng Pilipinas (BSP) has approved three crypto exchanges, bringing the total number of approved crypto exchanges to 10. The Manila Times reported: “Melchor Plabasan, officer-in-charge at the Technology Risk and Innovation Supervision Department of the central bank, said newly approved were Bexpress Inc.
2019-4-10 15:12 | |
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Last week, there was a panel at SXSW that was effectively a debate on the merits of permissioned blockchains versus permissionless systems like Bitcoin. I listened to the entire audio of the panel discussion, after Programming Bitcoin author Jimmy Song tweeted it out the other day, and I thought he did an awesome job of pointing out the key value proposition of Bitcoin and why it is not worth comparing to permissioned systems.
2019-3-23 17:29 | |
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Citibank Scrapes JPM Coin-Like Platform And Decided To Bet On SWIFT Everybody is talking about JPM Coin right now, the token which was created by the JPMorgan bank. However, do you remember Citicoin? Way back before cryptocurrencies got so famous and Bitcoin was well-known, Citigroup’s Innovation Lab, which is set in Dublin, was trying out […]
2019-3-19 22:59 | |
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Distributed ledger technology sits at the intersection of two stereotypes. Tech is a playground for nerdy college boys. And finance is a game for old men. Web meets Wall Street. And although blockchain is an innovation lauded for its potential – to bank the unbanked, democratize finance, eliminate the overreach of Big Data – the […] The post Blockchain Minus Women Equals Fail: Celebrating A Diversity Of Ideas appeared first on Crypto Briefing.
2019-3-9 22:47 | |
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Dukascopy, a Swiss-based online bank and forex broker, has decided to take a step forward in financial services innovation by integrating the use of cryptocurrencies and blockchain technologies into the range of services provided to.
2019-3-2 00:06 | |
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The CEO of multinational investment bank JP Morgan Chase, Jamie Dimon, has stated that the newly-announced, not-so-crypto JPM Coin might one day be used by consumers. The digital asset currently being trialled by the institution and its partners will be pegged to the value of the dollar, thus offering little to no innovation.
2019-2-27 00:00 | |
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The Iota Ecosystem DLT Foundation is the first to receive approval from regulators in Abu Dhabi after its financial authority passed a new, related law earlier in the month.
Blockchain adoption has been "unabated" throughout bull and bear markets over the past years, says Bloomberg analyst Jamie Coutts.
Metadata in blockchain refers to additional information or data that can be associated with transactions or other elements on a blockchain network.
According to an analysis from Moody’s Investors Service, AI and distributed ledger technologies are set to disrupt companies, industries and economies across the globe.
Citi's recent report highlights the growing engagement with DLT and crypto, emphasizing both the progress and challenges faced by the sector in the past year
The Electronic Trade Documents Act, set to take effect later this year, could make use of blockchain tech to improve security and reduce costs.
The French Central Bank has determined that its wholesale central bank digital currency (wCBDC) would improve cross-border payments, it announced on Friday.