Banking


Markets

Crypto Startup Circle to Seek Banking License in US

Cryptocurrency startup Circle is in talks to become registered in the U.S. as a licensed bank and brokerage, according to a report.

piggy bank saving

Markets

HSBC Exec Warns 'Digital Islands' Could Inhibit Blockchain Trade

Blockchains should do for the global value chain what shipping containers did for transport of goods, says HSBC trade finance expert Vinay Mendonca.

hsbc, bank

Markets

China Has Built a Blockchain System That Could Replace Paper Checks

China's central bank has completed a blockchain-based system that digitizes checks in a move to counter fraud in the country.

check, checkbook

Markets

Public or Private? Blockchain Distinctions Are Falling Out of Fashion

"Convergence" means different things to different people in the blockchain space. But it's a word that's cropping up again and again.

shutterstock_1099486208

Markets

IHS Markit Has A Plan to Tokenize A $1 Trillion Loan Market

IHS Markit is developing a blockchain-based system to handle cash payments in syndicated loans – and eventually, in a wider range of transactions.

dollar, fiat

Markets

Bangkok Bank Joins R3's Trade Finance Blockchain Initiative

Bangkok Bank has joined the Marco Polo trade finance initiative developed by blockchain startup R3 and trade finance technology firm TradeIX.

Bangkok Bank

Markets

Commerzbank Conducts €500k FX Transaction Using R3's Corda

Thyssenkrupp successfully conducted a foreign exchange transaction using R3's Corda blockchain in partnership with Germany's Commerzebank.

Commerzbank branch (Cineberg/Shutterstock)

Markets

Bank of America Patents Blockchain Security Tools

A new Bank of America patent outlines how a permissioned blockchain might restrict users while still helping them access the information they need.

bofa

Markets

Infosys Partners with 7 Banks for Blockchain Trade Finance Network

IT giant Infosys has built a blockchain-based trade finance platform involving seven Indian banks including ICICI and Axis.

Infosys

Markets

Sberbank Buys Commercial Bonds Issued Over Blockchain Platform

Russian bank Sberbank CIB and telecoms firm MTS have conducted what they say is the country's first commercial bond transaction made using blockchain.

Sberbank