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banks
15 Banks Form New Company to Process Letters of Credit in India Using Blockchain Technology
IBBIC's new system will verify data for invoices on goods and services tax, eliminate paperwork and significantly reduce transaction times.

Kenyan Banks Warn Customers About Buying Crypto: Report
NCBA Bank Kenya sent a cautionary email to customers who have transacted in crypto in the past.

UK's Starling Bank Temporarily Blocks User Payments to Crypto Exchanges: Report
Customers of Barclays and Monzo have also been complaining of difficulty making deposits on exchanges, according to The Telegraph.

DBS Bank CEO: We Have Twice as Many Engineers as Bankers
Banks and financial regulators should facilitate the tokenization of the financial system, DBS CEO Piyush Gupta said during Consensus 2021.

Wells Fargo to Offer Crypto Investment to Qualifying Clients
Jumping on the crypto investment bandwagon, Wells Fargo is the latest in a string of big banks to off its clients access to the crypto markets. “The Hash” panel debates the timing and why it matters.

Wells Fargo to Offer Crypto Investment to Some Clients
The investments will likely be available to qualified investors next month.

Egypt's Largest Bank Joins Ripple Network for Cross-Border Payments
Egypt is in the top five nations globally in terms of remittance flows from ex-pat communities.

Banks Are Already Cracking Down on Crypto, Indian Traders Say
Indian crypto traders are receiving account closure notes from banks, and exchanges see issues with bank transfers

Citi Considering Crypto Services Amid Surge in Interest: Report
Trading, custody and financing are all said to be under consideration by the U.S. banking giant.

JPMorgan Testing Blockchain Solution to Improve Transfers With Taiwanese Banks
The solution, called “Confirm,” will enable participating banks to confirm recipients’ account information ahead of making payments in near-real time.
