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Banking
BNY Mellon is Backing Up Bank Transactions With Blockchain Tech
BNY Mellon has developed a trial system which leverages the blockchain in order to create a backup record for transactions.

Barclays Completes Blockchain Trade Finance Transaction
Barclays has completed a blockchain trade finance transaction with incubator graduate Wave.

Hong Kong's Central Bank to Test Blockchain
Hong Kong's de-facto central bank intends to launch an innovation hub that will test blockchain solutions.

Credit Unions Seek to Become First to Market With Banking Blockchain
More than 50 credit unions are now laying the groundwork for what they believe could become the financial industry's first live blockchain project.

China Merchants Bank Joins R3 Blockchain Consortium
That's another Asia-based bank for R3's growing roster.

Blockchain Startup Symbiont Adds Ex-Morgan Stanley Director
Former Morgan Stanley managing director Caitlin Long has joined blockchain startup Symbiont as president and chairman of the board.

'Settlement Coin' Is All About Banks, Not Blockchain
The design of a high-profile project should give the public pause about how banks are seeking to apply blockchain, analyst Frances Coppola argues.

Mizuho Bank Dealt Blow in Mt Gox Lawsuit Update
A US judge largely denied a push by Mizuho Bank last week to dismiss charges filed against it in a class action suit tied to the collapse of Mt Gox.

Hyperledger Blockchain Project Elects New Tech Committee
The Hyperledger Project, the blockchain initiative led by the Linux Foundation, has elected a new technical steering committee.

Why ICAP Believes Central Banks Could Adopt Digital Currency
ICAP is working to show central banks how they may be able to one day adopt a market infrastructure based on distributed ledger tech.
