Blockchain

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2018 business banking trends and outlook

14 Dec 17 @ 15:28

Although banks and financial institutions around the world are faring relatively better than their recent past, competitive pressure from traditional rivals and emerging competitors are tightening margins, and impacting profit... read more

Raiden payment systems goes live on Ethereum network

04 Dec 17 @ 15:57

A version of the Raiden payments channel network has been launched on the main Ethereum blockchain. Activated yesterday, the launch comes months after µRaiden – known more commonly as “microraiden” – first... read more

Mastercard files patent for blockchain-based money transfer

01 Dec 17 @ 15:41

Mastercard has just filed a patent for a “Method and System For Instantaneous Payment Using Recorded Guarantees.” This is, in short, a patent for a blockchain-based system that offers instant payment. The... read more

Visa to pilot blockchain based B2B payments

24 Nov 17 @ 09:48

At a major FinTech conference in Singapore, Visa announced that it is going to pilot its blockchain based B2B payments system called B2B Connect in mid-2018. Visa has partnered with... read more

AmEx partners with Ripple for blockchain-enabled cross-border B2B payments

16 Nov 17 @ 16:42

American Express has announced the introduction of blockchain-enabled, cross-border B2B  payments. The American Express FX International Payments (FXIP) business is working with Ripple to make blockchain payments commercially available, reducing... read more

Bitcoin hard fork called off avoiding disruption in cryptocurrency

14 Nov 17 @ 10:23

In recent months, the Bitcoin community has been in a bitter fight that escalated to an all-out war over the seemingly natural question of how to allow more transactions through the... read more

Bitcoin thieves are back – CryptoShuffler Trojan hunt for users’ cryptosavings

31 Oct 17 @ 14:50

Kaspersky Lab researchers have discovered a new malware, CryptoShuffler Trojan, which steals cryptocurrencies from a user’s wallet by replacing their address with its own in the device’s clipboard. Criminals are targeting... read more

Mastercard opens up API access to blockchain platform

30 Oct 17 @ 12:15

Mastercard says that it will open up access to its in house blockchain technology platform via an application programming interface (API) which will be made available to developers at banks... read more

Spanish consortium launches blockchain based Alastria

19 Oct 17 @ 18:00

A consortium of Spanish banking, energy and teleco heavyweights have established blockchain based national network dubbed Alastria. The non-profit “world’s first regulated national network based on blockchain”, will develop distributed... read more

Growing InsurTech sector tackles industry ripe for change

18 Oct 17 @ 09:39

After 2 moderate quarters, VC investment into InsurTech startups was strong in Q2’17, with $745.4 million invested across 60 deals. Despite quarterly fluctuation in deal size and volume, the overall... read more

JP Morgan launch interbank payments platform on Quorum blockchain

17 Oct 17 @ 15:41

JPMorgan Chase is set to launch a new interbank payments platform powered by the Quorum Enterprise-ready distributed ledger and smart contract blockchain platform. With the participation of two other banks... read more

Russia to launch national Cryptocurrency – CryptoRuble

17 Oct 17 @ 13:52

Nikolay Nikiforov, Russia’s Minister of Communications has revealed that President Vladimir Putin has given the Go-Ahead for a new cryptocurrency dubbed CryptoRuble, reports CoinTelegraph, claiming local news sources. The Russian form of cryptocurrency won’t be... read more

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Wero expands merchant payments in France with Orange

06 Sep 26 @ 19:31

Wero is moving further beyond its origins as a peer-to-peer payment service, with Orange becoming the first merchant in France to offer subscription bill paymen... more

ECB and Brazil explore cross-border link between TIPS and Pix

06 Sep 26 @ 19:32

The European Central Bank and Banco Central do Brasil are examining whether Europe’s TIPS instant-payment infrastructure could be connected with Brazil’s hu... more

US Bank tests its own Stablecoin for Cross-Border Payments

10 Sep 26 @ 15:44

US Bank has completed a live cross-border transaction using its own dollar-backed stablecoin, becoming one of the latest major lenders to test whether blockchai... more