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Bank of America Seeks Patent for Blockchain Processing System

New Bank of America patent filings hint it believes blockchain could one day assist its high-volume data processing objectives.

By Nikhilesh DeOct 19, 2017

A group of banks, now including Santander, is planning to create a business venture in Ireland for its in-development blockchain commerce platform.

By Nikhilesh DeOct 18, 2017

Alastria, formerly known as Red Lyra, is a Spanish blockchain consortium that has grown to more than 70 members since its launch in May.

By Nikhilesh DeOct 17, 2017

BNP Paribas and EY say they have "successfully" tested a private blockchain for the bank's global internal treasury operations.

An upstart financial conference yesterday saw discussion of digital assets – though so-called "unregulated" cryptocurrencies were the butt of barbs.

By Bailey ReutzelOct 17, 2017

Former Fed chairman Ben Bernanke said blockchain technology has the opportunity to innovate in payments during Ripple's Swell conference.

By Bailey ReutzelOct 16, 2017

JPMorgan Chase is backing a new blockchain-based platform for interbank payments, the firm announced today.

By Stan HigginsOct 16, 2017

Blockchain startup SmartContract has today unveiled a new a proof-of-concept built with assistance from five major financial institutions.

While the ICO market continues to heat up, two top banking executives have spoken of their concerns about the technology.

Swift declares its blockchain proof-of-concept a success, but in the build up to its biggest annual event, implementation is far from certain.