Banking


Markets

Over 50 Banks, Firms Trial Trade Finance App Built With R3's Corda Blockchain

ABN Amro, Standard Chartered and around 50 other firms have participated in tests of Voltron, a trade finance platform built with R3's Corda.

R3 NYC office

Markets

Ripple Adds SBI President To Its Board of Directors

Ripple has added Japanese financial giant SBI Holdings' president and CEO Yoshitaka Kitao to its board.

xrpq2

Markets

Five Banks Now Let Users Verify Their Identities Using a Blockchain App

Five Canadian banks have rolled out a new blockchain-based mobile service from SecureKey to let customers securely verify their identities.

Mobile in Hand

Markets

Central Banks Settle Cross-Border Payments With Blockchain for First Time

The central banks of Canada and Singapore have for the first time settled cross-border payments using blockchain and central bank digital currencies.

Bank of Canada

Finance

We.Trade Co-Founder Mancone Is Leaving the Enterprise Blockchain Firm

Roberto Mancone is leaving we.trade, the live trade finance blockchain platform which he helped grow into a legal entity comprising 14 banks.

robert_mancone_we_trade_3

Markets

A Glimpse of Banking’s Future, Live on the Ethereum Blockchain

Last week, Frenching bank Societe Generale revealed that it has issued a security token-like bond on ethereum. But rather than using a private iteration, SocGen used the public blockchain.

SG

Markets

Top 3 Japanese Bank to Roll Out Services on Marco Polo Blockchain

Sumitomo, Japan’s third-largest bank by total assets, will launch blockchain-based trade finance services in the second half of this year.

Yasuyuki_SMBC bank

Markets

Banks Can't Snub Crypto Startups Thanks to France's New Blockchain Law

France's wide-ranging new blockchain law aims to solve a longstanding problem for crypto startups: banking, or lack thereof.

France

Markets

China's Foreign Exchange Regulator Piloting Blockchain in Trade Finance

The agency that regulates and manages China's foreign exchange reserves will trial a blockchain system addressing inefficiencies in cross-border trade.

yuan and usd

Markets

JPMorgan Expanding Blockchain Project With 220 Banks to Include Payments

Investment bank JPMorgan is reportedly expanding an existing blockchain platform with hundreds of banking members to include settlement.

jpmorgan