Banking


Markets

When Not If? Banks Strike Optimistic Tone on Blockchain Impact

A conference in Dublin yesterday united representatives of major financial firms and regulators in discussions over blockchain's way forward.

Peteris Zilgalvis at BFC

Markets

New Banks Join UBS-Backed Blockchain Trade Finance Platform

Four major banks have joined a trade finance initiative launched late last year by Switzerland-based UBS and tech giant IBM.

UBS

Markets

Boston Fed VP: Blockchain Will Wake Up Swift and Other Middlemen

The senior vice president of the Federal Reserve Bank of Boston believes blockchain will make financial middlemen wake up and innovate.

Jim Cunh, SVP at Federal Reserve Bank of Boston

Markets

Icing on the Cake: R3 Launches Corda Distributed Ledger Version 1.0

Distributed ledger consortium R3 is releasing version 1.0 of its first major software offering, Corda, and celebrating with cake.

strawberry, cream

Markets

Two Fewer Tims: R3 Sees Key Employees Depart for New Ventures

Blockchain consortium R3 has lost two of its most public employees, Tim Grant and Tim Swanson, who are moving onto their own ventures.

exit, blocks

Markets

US Regulator: Cryptocurrencies May Pose Risks, Rewards for Credit Unions

The top regulator for US credit unions said in a new report that cryptocurrencies pose both risk and reward for institutions in the industry.

Cash

Markets

Canada's Biggest Bank Tests Blockchain for Cross-Border Payments

Royal Bank of Canada (RBC), the largest bank in the country, is trialling blockchain technology for fund transfers to and from the U.S.

RBC

Markets

Mizuho CEO: Financial Firms 'Should Have Courage' to Take Blockchain Live

The president and CEO of the Mizuho Financial Group "megabank" has spoken out on the potential of blockchain to disrupt financial incumbents.

Screen Shot 2017-09-26 at 10.35.16 AM

Markets

Bitcoin Businesses Face Bank Account Closures in Singapore

Banks in Singapore have closed the accounts of a number of cryptocurrency firms without expanation, according to a news report.

signapore

Markets

Banks Simulate €100,000 Security Transaction in R3 DLT Trial

German banks working with the R3 blockchain consortium have successfully replicated the sale of a €100,000 security on a DLT platform.

frankfurt, germany