Banking

Peter Sands, the former chief executive of British multinational and financial services company Standard Chartered, states that central banks must terminate the issuance of...

The number of banks experimenting with blockchain technology and looking at their own digital currencies is growing by leaps and bounds, so it’s no...

The People’s Bank of China (PBOC) is studying the prospect of issuing its own digital currency and is aiming to roll out a product...

In September 2015 Bitcoin Magazinereviewed a conversation with legendary cryptographer Adam Back on the Bitcoin Knowledge Podcast, hosted by Trace Mayer. Back is known...

This is a guest post by Senthil Radhakrishnan, the Vice President and Head of Capital Market Solutions Group at Virtusa. Senthil has 16+ years’...

Fintech startup Freemit is about to launch the next generation of money transfer. “Money when you need it, anywhere, in any currency, from anyone,...

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) announced that it is looking at the blockchain technology that powers Bitcoin as part of new...

R3 Head of Research Tim Swanson says that the company’s software team in London is developing an open-sourced, generic blockchain for banks, The Sidney Morning Herald reports. "Many banks feel they can reduce, or eliminate altogether, various costs, by adopting some sort of common shared ledger and let that proliferate through the industry"

On November 19, the United States Patent & Trademark Office (USPTO) published Goldman, Sachs & Co.’s patent application20150332395 or “Cryptographic Currency For Securities Settlement.”...

Five more banks – ING, BNP Paribas, Wells Fargo, MacQuarie and the Canadian Imperial Bank of Commerce – are joining R3, Reuters reports. R3, now supported by most of the world’s major banks (with notable exceptions in China), represents the first high-profile collaborative project to find out how blockchain technology can be used in finance.