Banking


Markets

Wire Transfer Problems Worsen for Digital Currency Exchange Bitfinex

Digital currency exchange Bitfinex can't send wire transfers abroad due to its ongoing banking issues, representatives said.

bulb, burnt

Markets

IC3 Researchers Propose ‘Solidus’ Protocol for Private Transactions

Researchers have proposed a new process for keeping transactions confidential over public blockchains.

coding

Markets

The IMF Just Finished its First 'High Level' Meeting on Blockchain

The IMF just held a meeting of an advisory group on fintech – one that featured heavy representation from blockchain industry execs.

imf, finance

Markets

BNP Paribas Taps Blockchain for Fund Distribution Platform

A subsidiary of banking giant BNP Paribas has revealed it is utilizing blockchain tech for a fund-distribution platform currently in development.

bnp paribas

Markets

A New Tool Might Finally Make Banks Comfortable With Bitcoin

A new service from crypto monitoring firm Elliptic is aimed to help banks better scrutinize new bitcoin businesses.

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Markets

US Dollars on the Blockchain? Fed VP Says Not Yet at MIT Event

The US dollar is not the "low-hanging fruit" for blockchain innovation, according to an executive at the Federal Reserve Bank of Boston.

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Markets

More Consortia? Banks See Model as Vital to DLT Efforts

Nearly three-quarters of banks and asset managers see the consortium model as necessary for exploring distributed ledger tech, a survey reveals.

maze, business

Markets

Offense or Defense? How to Win the Blockchain Game

How advances in blockchain tech are creating competitive pressures for financial market participants, and how to formulate a strategy to win.

marbles

Markets

Bank of England: Next-Gen Settlement System Will Be DLT Compatible

After review, the UK central bank said today it will build the next version of its settlement system with distributed ledger tech in mind.

mark carney, boe

Markets

IBM Ramps Up China Blockchain Work With Supply Chain Trial

IBM's latest blockchain partner is Hejia, a Chinese supply chain management company who recently conducted a supply chain trial.

ibm, china