Blockchain

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European banking heavyweights set to collaborate on blockchain

17 Jan 17 @ 09:46

Deutsche Bank, HSBC, KBC, Natixis, Rabobank, Société Générale and UniCredit signed a Memorandum of Understanding to collaborate on the development of a shared cross-border trade finance platform for small and... read more

Seven critical changes to payments industry as FinTech matures

17 Jan 17 @ 09:34

The FinTech sector is being shaped by shifting market conditions, new regulations, and changes in consumer demands and behaviors. For the past decade, FinTech companies have moved quickly, forcing incumbents to... read more

Bitcoin hits new high of $1,000 as Chinese investors pile in

03 Jan 17 @ 16:50

As 2017 rolled into force, and with the bulk of the other financial markets closed, Bitcoin took to the main stage, hitting a new high of over $1,000. A single Bitcoin ... read more

Central Banks of Korea and Nigeria initiate seperate Blockchain studies

03 Jan 17 @ 13:34

The Bank of Korea has published, as part of an overview of the central bank’s future plans, a report titled “Present Status and Key Issues of Distributed Ledger Technology” detailing policy... read more

Euroclear Bankchain – blockchain gold settlement service completes first pilot

20 Dec 16 @ 10:54

Euroclear announced the successful completion of its first pilot for Euroclear Bankchain, the gold bullion based blockchain solution, with FinTech company Paxos. Euroclear Bankchain is a new blockchain settlement service for London bullion due to go... read more

Royal Mint collaborate on launch of blockchain based digital gold

29 Nov 16 @ 12:54

The Royal Mint is set to launch a digital gold offering which will be traded on blockchain – to be made available around mid-2017. The blockchain-based gold product, called Royal... read more

Blockchain: new DNA for financial transactions?

08 Nov 16 @ 10:38

From modernising payment infrastructure and enhancing security, to driving efficiencies and innovation. Whatever the question, Blockchain seems to be the answer nowadays. Announcements from the last month alone are fairly... read more

Half of global banking customers now using FinTech – World FinTech Report

02 Nov 16 @ 11:41

Half of banking customers across the globe are using the products or services of at least one FinTech firm[1], according to the first World FinTech Report (WFTR) from Capgemini and... read more

42 banks join Japanese Blockchain for payments consortium

01 Nov 16 @ 15:29

SBI Ripple Asia, a joint venture between distributed ledger tech provider Ripple and SBI Holdings, announced in August that a Japanese consortium of 15 banks in a new network will... read more

90% of major banks in US and Europe exploring Blockchain technology for payments

27 Oct 16 @ 09:49

Nine out of 10 banking professionals surveyed at large US, European and Canadian commercial banks said their company is currently exploring the use of blockchain technology for payments, according to... read more

Ripple signs global banks to blockchain-based money transfers

26 Sep 16 @ 12:55

SWIFT, post hacking scandal, may have some competition as a number of major global banks have signed with Ripple Labs to found a new global transfer system based on Ripple’s... read more

Accenture stirs up trouble with blockchain editing technique

20 Sep 16 @ 15:07

Accenture is stirring up a blockchain storm within the community by patenting a technique for editing information stored using the nascent technology in a move designed to make it more... read more

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Visa turns the card into an identity credential

12 May 26 @ 15:44

Visa has launched a new tap-based authentication technology that could reshape how banks verify customers in mobile banking environments. [caption id="atta... more

Emerging markets accelerate the shift to cashless payments

30 Apr 26 @ 18:03

Cashless payments are becoming an increasingly important marker of financial modernisation across emerging market and developing economies, with new data from t... more

Santander backs Ebury’s next phase with fresh funding

05 May 26 @ 16:52

Banco Santander has reinforced its commitment to Ebury after taking part in a funding round of about £550mn for the cross-border payments and trade finance fin... more