Browsing the "Banks" Tag

Nine Japanese Banks to Trial Blockchain Settlement Using Fujitsu Tech

| Yogita Khatri

Nine Japanese banks are teaming up to trial a blockchain-based inter-bank settlement system using Fujitsu technology.

Ripple Event Reveal: 3 Companies Are Now Using XRP for Real Payments

| David Floyd

During Ripple's annual Swell conference, CEO Brad Garlinghouse announced three firms that will use XRP in commercial cross-border payments.

Goldman Sachs Said to Have Sidelined Plans for Crypto Trading Desk

| Daniel Palmer

Investment bank Goldman Sachs has reportedly dropped plans to launch a cryptocurrency trading desk, for now at least.

GMO’s New Internet Bank Will Settle Payments With Blockchain

| Daniel Palmer

Japanese digital services firm GMO Internet has just launched a new web bank that it says will soon use blockchain to facilitate payments.

What Crypto Really Thinks About Litecoin’s Banking Ambitions

| Anna Baydakova

A much-talked-about deal between a cryptocurrency non-profit and a bank saw cheers and jeers this week, and all sorts of reactions in between.

Binance Exchange Backs First-Ever Decentralized Bank in Malta

| Muyao Shen

Binance is reportedly among a number of investors backing a decentralized, blockchain-based bank to be launched in Malta.

Litecoin Foundation Acquires 9.9% of Bank in Payments Partnership

| Wolfie Zhao

Litecoin Foundation, the non-profit behind the popular cryptocurrency, says it now owns part of a German bank thanks to a new deal with TokenPay.

Banks Conduct Cross-Border Trades on IBM-Powered Blockchain

| Wolfie Zhao, the blockchain-based financial trade platform jointly developed by nine European banks, has completed first live cross-border transactions.

UK’s Financial Watchdog Issues Letter to Banks on Crypto Risks

| Christine Kim

The U.K.'s Financial Conduct Authority has written to bank CEOs over the risks of "facilitating financial crimes which are enabled by cryptoassets."

Hackers Demand $1 Million in XRP After Bank Data Theft

| Daniel Palmer

Hackers who stole personal information on 90,000 Canadian bank users have demanded $1 million in Ripple's XRP to not release the data trove.