Tag: banks

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Ripple’s Technology Strips Away the Unnecessary Parts of a Pure Blockchain

A lot of people are aware of what the Ripple project is trying to achieve. Their version of blockchain technology is mainly tailored toward...

Ripple to Benefit From Banks Cutting Correspondent Relationships

There are quite a few interesting trends in the banking sector to take note of. One particular trend indicates how some banks are axing...

State Bank of India Sees A Bright Future For Blockchain

India is one of those regions in the world where a lot of things are destined to change very soon. The country's largest bank...

New Zealand Bitcoin Exchange BitNZ To Shut Down Soon

Even though bitcoin adoption seems to be thriving all over the world, things have not necessarily become easier for companies venturing into the cryptocurrency...

New Dridex Banking Malware Campaign Targets UK Banks

Banking malware has proven to be quite the threat for many years now. Dridex is by far one of the most popular banking malware...

Are European Banks Falling Behind in Blockchain Development?

Reuters, a member organization of the R3 Blockchain Consortium, believes European banks are falling behind in blockchain development and integration as American financial institutions...

Researchers Focus Too Much on Bitcoin And Darknet Rather Than Addressing Crime Itself

Linking Bitcoin transactions with particular wallet addresses is nothing new under the sun. Due to the transparent nature of open blockchain standards, anyone can...

Did Fintech Force Banks to Approach Blockchain & A.I?

The blockchain technology and A.I-based financial applications have quickly become the main source of interest of banks and major financial institutions globally. Recent studies...

Deloitte Luxembourg Pilot Tests Blockchain Platform for Banks

Deloitte Luxembourg, a branch of the multi-billion dollar accounting firm Deloitte, has announced the development of a proof of concept platform for regulatory transactions...

Australian Pre-IPO Blockchain Startup Helps Banks Fight Money Laundering

Two Sydney-based companies Kyckr and Identitii have announced the utilization of Bitcoin’s underlying technology, the blockchain technology, to establish strategies for commercial banks against...

Can Bitcoin Satisfy Both White and Black Markets?

Currently, Bitcoin is in its seventh year and continuing its path as the freedom currency of the 21st century. 2016 is showing significant growth...

Asian Banks Start Looking Towards Blockchain Technology

The tryst between blockchain technology and banking sector is not a secret. over 40 banks, mostly operating in the western world have come together...