Browsing the "Banks" Tag

Crypto-Friendly Money App Revolut Wins EU Banking License

| Yogita Khatri

Revolut, provider of a mobile finance app that offers crypto trading, has been granted a banking license from the European Central Bank.

4 Banks Complete €100K Commercial Paper Transaction on R3’s Corda

| Yogita Khatri

Four European banks, including Commerzbank and ING, have settled a live commercial paper transaction worth €100,000 on R3's Corda blockchain.

Banking Giant State Street Is Waiting on Client Demand for Crypto Custody

| Ian Allison

State Street bank says there's no sense of urgency yet from clients for it to move into safeguarding crypto assets.

How Silvergate Became the Leading Bank for Crypto Startups

| Leigh Cuen

Silvergate Bank CEO Alan Lane shared his approach to serving the cryptocurrency industry with bankers at the Block FS conference.

Goldman, Morgan Stanley Go Live With CLS’ IBM-Powered Blockchain

| Anna Baydakova

CLS, the bank-owned currency trading utility, and IBM have gone live with their blockchain-based payment netting service after more than two years in…

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.