Blockchain

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22 global banks join Swift blockchain project

06 Jul 17 @ 14:45

Swift says that is has signed an additional 22 banks to its blockchain proof of concept (PoC). The project is designed to determine if blockchain technology can help banks reconcile... read more

Bitcoin ends two year record run with 20% value crash

19 Jun 17 @ 13:53

Bitcoin plummeted 19% over the weekend, putting the digital currency on pace for its worst week since 2015, as volatility climbs following a record-setting surge in the price. After hitting... read more

Bitcoin Infograph – An insight on past events and what lies ahead

08 Jun 17 @ 09:34

Bitcoin is a cryptocurrency that operates independently without banking institutions and the government, there’s nothing physical about it – all virtual! It’s non-tangible, but renders gains for real. It flows... read more

Spanish banks launch blockchain network Red Lyra

31 May 17 @ 11:16

A multi sector consortium of Spanish companies which are pioneers in their different industries has created the Red Lyra, the first multi sector technology platform in the world based on... read more

Canadian trial finds blockchain not ready for interbank payment system

30 May 17 @ 10:53

Just a week after the R3 group took a record funding round, the Bank of Canada has said distributed ledger technology, a new approach for processing transactions that is being... read more

R3 CEV blockchain consortium raises $107 million from members

24 May 17 @ 17:04

Financial and technology companies led by Bank of America,SBI Holdings, HSBC, Intel and Temasek Holdings have invested $107 million in R3 CEV which runs a big bank consortium seeking to develop... read more

Euro Banking Association paper analyses cryptotechnologies in international payments

19 May 17 @ 11:22

The Euro Banking Association has issued a new information paper looking into potential benefits and use cases of cryptotechnologies in the context of international payments and more specifically correspondent banking practices.... read more

Banks at risk of missing the open banking opportunity

04 May 17 @ 15:51

Monitise FINkit has announced the key findings from its research into senior banking executives’ priorities, challenges, and future plans surrounding open banking. The study, carried out by independent researchers LM Research,... read more

Why did JPMorgan leaves blockchain consortium R3?

04 May 17 @ 15:43

The news that JPMorgan Chase left the R3 blockchain consortium speaks to the challenges ahead for any consortium whose aim is to get multiple financial institutions to agree on a shared technology set.... read more

BBVA complete blockchain based money transfer pilot with Ripple

21 Apr 17 @ 16:42

BBVA just completed the first real-life implementation of an international money transfer using Ripple’s new Distributed Ledger Technology (DLT). The transaction, running on BBVA infrastructures with real money, successfully completed... read more

FinTech in the MENA region – Payments take centre stage

19 Apr 17 @ 13:38

According to a new report, the FinTech (financial technology) sector is rising globally, and has already arrived in the Middle East and North Africa (MENA). In fact, the number of... read more

Hong Kong Central Bank set to trial digital currency due for launch in 2017

12 Apr 17 @ 12:50

Hong Kong’s  central bank, the Hong Kong Monetary Authority is reported to be developing a prototype digital currency. The disclosure came in a Hong Kong legislative document published by the Legislative Council Panel... 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