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Siam Commercial Bank Drives Innovation and Customer Growth With Help From Ripple
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. дальше »
2020-3-26 20:53 | |
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Press Release: Difference Between Digital Corporate & Commercial Banking
Comparative analysis of digitization impact among commercial and corporate banking Digitization has brought a transformation in almost every business segment. However, it’s true that the banking sectors have witnessed the. дальше »
2020-2-20 19:25 | |
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Brazilian Bank Threatens to Close Crypto Exchanges’ Accounts
Crypto exchanges in Brazil may soon lose banking support as a major commercial bank has refused to abide by an agreement preventing the closure of cryptocurrency exchange accounts. Across Latin America, crypto trading platforms continue to experience difficulties maintaining banking relationships. дальше »
2020-1-10 03:00 | |
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Taiwan Grants Virtual Banking Licenses To Three Companies to Make a Push for Digital Banking
Three companies have recently acquired virtual banking licenses from the government of Taiwan. This the first time that the government does this, as Taiwan is starting to follow other regulators in Asia which are on the move to regulate their markets properly. дальше »
2019-7-31 00:17 | |
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Korea’s ‘Big 4’ Bitcoin Exchanges Facing Strict AML Scrutiny from Banks
The latest news emerging from South Korea indicates that Bitcoin exchanges are facing a surprisingly increased level of scrutiny of commercial banks amid the renewal of banking services. The revelation comes as the intergovernmental Financial Action Task Force (FATF) continues to urge countries to enact stricter regulatory controls over the crypto industry. дальше »
2019-7-30 13:00 | |
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3 years later, Visa’s blockchain-powered payment network finally goes live
Visa’s blockchain-powered B2B payments product has finally gone live after almost three years in the making. First made public in October 2016, the Visa B2B Connect network is being made available in 30 markets, with plans to expand to as many as 90 territories by the end of the year. дальше »
2019-6-12 13:09 | |
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Groundbreaking Chase Bank Lawsuit Verdict Could See NY Federal Judge Rule ‘Crypto is Cash’
By CCN. com: A Manhattan federal judge will have to decide whether crypto is cash in what would be a landmark decision for the budding industry. The ruling would have major implications for what laws and regulations cryptocurrencies are subject to. дальше »
2019-4-26 09:08 | |
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Khaleeji Commercial Bank (KHCB) in Bahrain, Token.io Partner to Develop an Open Banking System
As one of the crypto friendly countries in the world, Bahrain, is slowly gaining the attention of blockchain based fintechs across the world. The Khaleeji Commercial Bank (KHCB), one of the top banks in Bahrain, announced its partnership with Token. дальше »
2019-4-3 19:11 | |
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Bahrain’s KHCB adopts Token.io for its open banking services
CryptoNinjas Khaleeji Commercial Bank (KHCB), a leading Islamic bank in Bahrain, recently announced that it has partnered with Token. io as part of the bank’s preparations to provide open banking services to its clients in compliance with new regulatory requirements. дальше »
2019-4-2 20:52 | |
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After QuadrigaCX: New Regulations for Canadian Exchanges Are in the Works
As anxiety grows around every new twist and turn in the ongoing QuadrigaCX drama, along with extensive QuadrigaCX media coverage, Canada’s mainstream media has been calling on the government to bring in better oversight and regulation of cryptocurrency businesses, especially cryptocurrency exchanges. дальше »
2019-3-20 18:42 | |
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В блокчейн-системе IBM и Stellar запустят стейблкоины шести международных банков
Представители корпорации IBM и стартапа Stellar на конференции Money 2020 Asia в Сингапуре сообщили, что на основе их продукта, созданной в 2018 году блокчейн-системы IBM Blockchain World Wire (BWW), могут быть запущены стейблкоины шести международных банков, среди которых названы бразильский Banco Bradesco, южнокорейский Bank Busan и филиппинская корпорация Rizal Commercial Banking Corporation. дальше »
2019-3-19 22:05 | |
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HSBC to Ally with Korean Banks for Commercial Launch of Voltron Blockchain
HSBC Bank Plc, one of the largest banking and financial institutions in the world, is looking to form a strategic partnership with South Korean lenders in a bid to make its Voltron distributed ledger technology (DLT) platform commercially available for the settlement of trade invoices and more, reports The Korea Times on March 12, 2019. дальше »
2019-3-14 20:00 | |
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America’s Signature Bank to Offer Services to Bermuda Crypto Companies
U.S. commercial bank Signature will start to offer a full range of banking services to licensed fintech companies in Bermuda, including those in the digital asset industry. The bank has reached an agreement with the government to provide the service, moving in to fill the gap left by local banks, which have been reluctant to […] The post America’s Signature Bank to Offer Services to Bermuda Crypto Companies appeared first on Bitcoin News. дальше »
2019-3-2 06:40 | |
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A New York Bank is Opening Accounts for Bermuda’s Crypto Startups
Cryptocurrency startups in Bermuda can now open bank accounts in New York. In a press release published Thursday, the Government of Bermuda announced that it is partnering with New York-based Signature Bank. дальше »
2019-3-2 16:03 | |
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Wyoming Passes New Friendly Regulations for Crypto Assets
The Wyoming state government has been expanding its status as a hub for crypto and blockchain technology by passing several new bills this February. According to Wyoming-based blockchain advocate Caitlin Long, the state of Wyoming has recently passed resolution SF0125 on February 14, 2019, claiming that Wyoming “law recognizes property rights in the direct ownership of digital assets. дальше »
2019-2-15 22:18 | |
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Major Dutch bank bets on NY blockchain firm with 5-year deal
Dutch multi-national banking giant ING has signed a five-year deal with a blockchain services firm to roll out distributed ledger tech into a range of business areas ING will join forces with R3 to obtain an unlimited number of licenses for its commercial (read: private permissioned) blockchain platforms Corda Enterprise platform and CorDapps. дальше »
2019-1-22 17:39 | |
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Canada’s First All-Crypto Legal Firm Opens Its Doors to Global Clientele
Technology lawyer Addison Cameron-Huff launched his new, Toronto-based, all-crypto legal firm on January 3, 2019, Bitcoin’s 10th anniversary, as a statement of his commitment to working for and promoting Bitcoin and cryptocurrency-based businesses. дальше »
2019-1-11 21:17 | |
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The U.S. DFS Approves Digital Payment Platform for Commercial Banking Transactions
Maria T. Vullo, the Financial Services Superintendent, announced on December 4, 2018, that the Department of Financial Services (DFS) had approved Signet, the New York State-Chartered Signature Bank’s new digital payment platform. дальше »
2018-12-7 20:30 | |
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3 Global Central Banks Propose Digital Currencies to Ease Cross Border Transactions
In a November 2018 report by the Bank of Canada, Bank of England and the Monetary Authority of Singapore, emerging technologies and opportunities in the banking industry have been explored including the use of Wholesale Central Bank Digital Currencies. дальше »
2018-11-16 16:05 | |
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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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Siam Commercial Bank Pioneers RippleNet’s “Multi-hop” Feature
The inefficient management of global liquidity has long been a hurdle for cross-border payments in all regions across the world. However, this problem is particularly prominent in the Association of South Eastern Asian Nations (ASEAN) region, which has been largely underserved by correspondent banking. дальше »
2018-9-28 19:17 | |
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China Are Blocking Bitcoin As The Banks Expand To The Blockchain
According to reports out today, the Bank of Communications, one of the four major state banking groups in China have completed a major transaction on the blockchain, one that has seen the issue of residential mortgage backed securities (RMBSs) on a blockchain network. дальше »
2018-9-27 14:00 | |
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Ripple Just Confirmed a Landmark Deal With a Banking Giant in the Middle East
Ripple’s homegrown blockchain-powered global payment network has just bagged one of its biggest clients in Asia: the National Commercial Bank (NCB) of Saudi Arabia, a banking giant worth more than $120 billion. дальше »
2018-9-16 19:59 | |
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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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Banking Giant Trials Blockchain for Land-Backed Loans Issuance
The Agricultural Bank of China (ABC), one of the world’s largest banks by total assets, has completed the issuance of a loan worth $300,000 using a blockchain system. The ABC said the blockchain system is deployed among various nodes to facilitate the loan issuance including other commercial banks, the provincial branch of the People’s Bank дальше »
2018-7-31 13:17 | |
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Stronghold and IBM Collaborate to Launch FDIC-Insured Stablecoin on Stellar
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. дальше »
2018-7-18 22:00 | |
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Huge Philippines Bank Bored Of SWIFT, Perhaps Stellar Is The Solution
Reports out today discuss how the Rizal Commercial Banking Corporation (RCBC), one of the top 10 banks in the Philippines is falling out of love with SWIFT, its current remittance service provider. дальше »
2018-6-21 14:00 | |
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Филиппинский банк собирается тестировать блокчейн для трансграничных переводов
The Rizal Commercial Banking Corporation (RCBC), один из десяти крупнейших банков Филиппин по активам, объявил о предстоящем переводе денежных средств из Японии с использованием технологии блокчейн. дальше »
2018-6-21 13:48 | |
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Korean Banks to Use Samsung SDS Blockchain in imitation of Verify Customer IDs beside July
A South Korean commercial banks group will initiate a blockchain-powered customer ID verification platform in July 2018, as per the reports on June 12. Reportedly, the Korea Federation of Banks (KFB) will launch their “BankSign” identity verification system to be made use of in both online computer-based and mobile banking. According to the report, development […] дальше »
2018-6-15 19:26 | |
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