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Banking
4 Banks Complete €100K Commercial Paper Transaction on R3's Corda
Four European banks, including Commerzbank and ING, have settled a live commercial paper transaction worth €100,000 on R3's Corda blockchain.

Blockchain 'Radically Simplifies' KYC, Say UAE Trial Participants
An Abu Dhabi financial center and KPMG say they have successfully completed a trial of a blockchain-based know-your-customer application.

Signature Bank Wins New York Approval for 'Real-Time' Blockchain Payments
Signature Bank is launching a blockchain-based real-time payments system in early 2019 and has just got the green light in New York.

Banking Giant State Street Is Waiting on Client Demand for Crypto Custody
State Street bank says there's no sense of urgency yet from clients for it to move into safeguarding crypto assets.

How Silvergate Became the Leading Bank for Crypto Startups
Silvergate Bank CEO Alan Lane shared his approach to serving the cryptocurrency industry with bankers at the Block FS conference.

ConsenSys Backs $2.1 Million Funding Round for Ethereum Privacy Startup
ConsenSys Labs has led a $2.1 million seed round for AZTEC, a startup working to make ethereum transactions private.

Goldman, Morgan Stanley Go Live With CLS' IBM-Powered Blockchain
CLS, the bank-owned currency trading utility, and IBM have gone live with their blockchain-based payment netting service after more than two years in development.

Abu Dhabi Bank Settles $500 Million Bond on a Blockchain
Abu Dhabi-based Al Hilal Bank has carried out a blockchain-based transaction for an Islamic bond worth $500 million.

Ripple Is Making It Easier for Customers to Integrate XRP. So Far, They Aren't
Ripple's new version of xCurrent offers easier integration with xRapid, the product that leverages XRP. But so far, clients aren't taking the plunge.

Amber Baldet: Don’t Force Public Blockchains ‘Down Enterprises’ Throats’
Until there are well-designed privacy features for enterprise applications on public chains, it's premature for firms to use them, says Amber Baldet.
