Banking News

Banking is any kind of business activity conducted by a bank, such as accepting deposits and creating credits, and other financial services. Banking is an old industry which has been around since ancient times. Banks in their current form (or at least similar to it) first appeared in Italy, during the period of Renaissance. Since then, banking has undergone many centuries of evolution, developing new kinds of services and financial techniques. Thanks to the advances in computer hardware and software over the past decades, a lot of banking is now done online.

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US Cannabis Group Denied Banking, Time For Bitcoin?

JUN 23, 2017 | William Suberg

Bitcoin could come to the rescue of a cannabis advocacy group whose legal bank account was closed by a scared bank.

15089 | 3

Humaniq Launches ICO, Moving to Next Phase in Their Project to Revolutionize Banking

APR 06, 2017 | Alicia Naumoff

A blockchain-based project Humaniq aimed at bringing banking services to the unbanked, is launching their Initial Coin Offering (ICO) on April 6th, which is planned to run up until April 26th.

4037 | 1

Loan Sharks of Tomorrow? FinTech Companies Move to Predatory Payday Businesses

JAN 24, 2017 | Shivdeep Dhaliwal

With fintech firms ready to enter the payday loan business and skip state regulations by obtaining a limited purpose bank charter, we may be entering a new era of banking horrors.

3135

FinTech Boom: China Going Cashless, Consumers Ditching Banks

JAN 02, 2017 | Joseph Young

China is going cashless, consumers are moving away from traditional banking systems to more efficient and user-friendly financial technologies.

12001 | 3

Europe’s PSD2 Allows Third Parties to Offer Banking, Means Collapse of Traditional Finance

DEC 31, 2016 | William Suberg

PSD2, which allows third-party companies to offer banking services to consumers, could eventually transform banking in 67 countries worldwide through a ripple effect.

4775

How To Get Away With $400 Mln Illicit Transfers? Be US Monetary Fund Chief

DEC 20, 2016 | Joseph Young

The Court of Justice of the Republic didn’t impose any punishment on the IMF chief Christine Lagarde convicted of criminal charges over the facilitation of suspicious transaction which amounted to $400 mln.

3595 | 2

Time to Opt for Bitcoin Savings as Federal Reserve Keeps Injecting Cash into Banks

DEC 16, 2016 | Joseph Young

Banks and financial institutions including the Fed are doing exactly the opposite of what people needs to maintain financial security.

4150 | 4

Bitcoin has Larger Market Cap than Many National Currencies, Lower Volatility

DEC 05, 2016 | Joseph Young

Even at its infancy, Bitcoin’s market cap is holding on $12.18 bln, surpassing the value of many reserve currencies.

4173 | 1

IBM and Bank of Tokyo Start Blockchain Revolution in Banking, Aim for Complete Automation

SEP 16, 2016 | Shivdeep Dhaliwal

Business embraces Blockchain big-way with IBM and Bank of Tokyo Mitsubishi UFJ implementing smart contracts, Singapore emerges as center of Blockchain development.

3200

Bank of Tokyo, Hitachi Team Up For Singapore Blockchain Project to Digitalize Banking

SEP 02, 2016 | Angus Leung

Bank of Tokyo-Mitsubishi UFJ and Hitachi are starting the Blockchain project in Singapore to digitalize banking.

2079

Blockchain Revolution Comes to Canada, Vanbex Partners NetCents

AUG 05, 2016 | Iyke Aru

Electronic payments technology company NetCents has partnered with professional services firm Vanbex to provide what it claims to be a streamlined, full, end-to-end innovative financial services platform.

945 | 2

Internet and Mobile Banking Kills ATMs, Opens the Floodgates to Cryptocurrencies

JUN 08, 2016 | Jacob J

With increasing adoption of internet-banking and mobile-banking, an extensive network of branches is no longer necessary for banks. Are bank branches headed for extinction?

1489

Blockchain Co-Founder Nicolas Cary: You Can Be Your Own Bank

APR 11, 2016 | Alicia Naumoff

CoinTelegraph met Nicolas Cary, Co-Founder and the CEO of Blockchain, at Money 20/20 in Copenhagen and asked him about the current state of the financial market.

2684

Mastering Financial Services: R3’s New Distributed Ledger Tech

APR 08, 2016 | Alicia Naumoff

Seeking to spur the adoption of distributed ledger technologies in financial systems, R3 and Microsoft start a strategic partnership.

962

WireX Buy Bitcoin - a Step Closer to the World’s First Bankless Personal Banking

MAR 22, 2016 | Kokkinos Marinos

WireX has released the first two-way bitcoin debit card with a buy bitcoin function. It will allow its users to fund their bitcoin accounts from anywhere through traditional bank transfers and alternative payment methods.

2247

US Cannabis Group Denied Banking, Time For Bitcoin?

JUN 23, 2017 | William Suberg

Bitcoin could come to the rescue of a cannabis advocacy group whose legal bank account was closed by a scared bank.

15089 | 3

FinTech Boom: China Going Cashless, Consumers Ditching Banks

JAN 02, 2017 | Joseph Young

China is going cashless, consumers are moving away from traditional banking systems to more efficient and user-friendly financial technologies.

12001 | 3

Europe’s PSD2 Allows Third Parties to Offer Banking, Means Collapse of Traditional Finance

DEC 31, 2016 | William Suberg

PSD2, which allows third-party companies to offer banking services to consumers, could eventually transform banking in 67 countries worldwide through a ripple effect.

4775

Bitcoin has Larger Market Cap than Many National Currencies, Lower Volatility

DEC 05, 2016 | Joseph Young

Even at its infancy, Bitcoin’s market cap is holding on $12.18 bln, surpassing the value of many reserve currencies.

4173 | 1

Time to Opt for Bitcoin Savings as Federal Reserve Keeps Injecting Cash into Banks

DEC 16, 2016 | Joseph Young

Banks and financial institutions including the Fed are doing exactly the opposite of what people needs to maintain financial security.

4150 | 4

Humaniq Launches ICO, Moving to Next Phase in Their Project to Revolutionize Banking

APR 06, 2017 | Alicia Naumoff

A blockchain-based project Humaniq aimed at bringing banking services to the unbanked, is launching their Initial Coin Offering (ICO) on April 6th, which is planned to run up until April 26th.

4037 | 1

How To Get Away With $400 Mln Illicit Transfers? Be US Monetary Fund Chief

DEC 20, 2016 | Joseph Young

The Court of Justice of the Republic didn’t impose any punishment on the IMF chief Christine Lagarde convicted of criminal charges over the facilitation of suspicious transaction which amounted to $400 mln.

3595 | 2

IBM and Bank of Tokyo Start Blockchain Revolution in Banking, Aim for Complete Automation

SEP 16, 2016 | Shivdeep Dhaliwal

Business embraces Blockchain big-way with IBM and Bank of Tokyo Mitsubishi UFJ implementing smart contracts, Singapore emerges as center of Blockchain development.

3200

Loan Sharks of Tomorrow? FinTech Companies Move to Predatory Payday Businesses

JAN 24, 2017 | Shivdeep Dhaliwal

With fintech firms ready to enter the payday loan business and skip state regulations by obtaining a limited purpose bank charter, we may be entering a new era of banking horrors.

3135

Blockchain Co-Founder Nicolas Cary: You Can Be Your Own Bank

APR 11, 2016 | Alicia Naumoff

CoinTelegraph met Nicolas Cary, Co-Founder and the CEO of Blockchain, at Money 20/20 in Copenhagen and asked him about the current state of the financial market.

2684

WireX Buy Bitcoin - a Step Closer to the World’s First Bankless Personal Banking

MAR 22, 2016 | Kokkinos Marinos

WireX has released the first two-way bitcoin debit card with a buy bitcoin function. It will allow its users to fund their bitcoin accounts from anywhere through traditional bank transfers and alternative payment methods.

2247

Bank of Tokyo, Hitachi Team Up For Singapore Blockchain Project to Digitalize Banking

SEP 02, 2016 | Angus Leung

Bank of Tokyo-Mitsubishi UFJ and Hitachi are starting the Blockchain project in Singapore to digitalize banking.

2079

Internet and Mobile Banking Kills ATMs, Opens the Floodgates to Cryptocurrencies

JUN 08, 2016 | Jacob J

With increasing adoption of internet-banking and mobile-banking, an extensive network of branches is no longer necessary for banks. Are bank branches headed for extinction?

1489

Mastering Financial Services: R3’s New Distributed Ledger Tech

APR 08, 2016 | Alicia Naumoff

Seeking to spur the adoption of distributed ledger technologies in financial systems, R3 and Microsoft start a strategic partnership.

962

Blockchain Revolution Comes to Canada, Vanbex Partners NetCents

AUG 05, 2016 | Iyke Aru

Electronic payments technology company NetCents has partnered with professional services firm Vanbex to provide what it claims to be a streamlined, full, end-to-end innovative financial services platform.

945 | 2

Time to Opt for Bitcoin Savings as Federal Reserve Keeps Injecting Cash into Banks

DEC 16, 2016 | Joseph Young

Banks and financial institutions including the Fed are doing exactly the opposite of what people needs to maintain financial security.

4150 | 4

FinTech Boom: China Going Cashless, Consumers Ditching Banks

JAN 02, 2017 | Joseph Young

China is going cashless, consumers are moving away from traditional banking systems to more efficient and user-friendly financial technologies.

12001 | 3

US Cannabis Group Denied Banking, Time For Bitcoin?

JUN 23, 2017 | William Suberg

Bitcoin could come to the rescue of a cannabis advocacy group whose legal bank account was closed by a scared bank.

15089 | 3

Blockchain Revolution Comes to Canada, Vanbex Partners NetCents

AUG 05, 2016 | Iyke Aru

Electronic payments technology company NetCents has partnered with professional services firm Vanbex to provide what it claims to be a streamlined, full, end-to-end innovative financial services platform.

945 | 2

How To Get Away With $400 Mln Illicit Transfers? Be US Monetary Fund Chief

DEC 20, 2016 | Joseph Young

The Court of Justice of the Republic didn’t impose any punishment on the IMF chief Christine Lagarde convicted of criminal charges over the facilitation of suspicious transaction which amounted to $400 mln.

3595 | 2

Humaniq Launches ICO, Moving to Next Phase in Their Project to Revolutionize Banking

APR 06, 2017 | Alicia Naumoff

A blockchain-based project Humaniq aimed at bringing banking services to the unbanked, is launching their Initial Coin Offering (ICO) on April 6th, which is planned to run up until April 26th.

4037 | 1

Bitcoin has Larger Market Cap than Many National Currencies, Lower Volatility

DEC 05, 2016 | Joseph Young

Even at its infancy, Bitcoin’s market cap is holding on $12.18 bln, surpassing the value of many reserve currencies.

4173 | 1

Mastering Financial Services: R3’s New Distributed Ledger Tech

APR 08, 2016 | Alicia Naumoff

Seeking to spur the adoption of distributed ledger technologies in financial systems, R3 and Microsoft start a strategic partnership.

962

Internet and Mobile Banking Kills ATMs, Opens the Floodgates to Cryptocurrencies

JUN 08, 2016 | Jacob J

With increasing adoption of internet-banking and mobile-banking, an extensive network of branches is no longer necessary for banks. Are bank branches headed for extinction?

1489

IBM and Bank of Tokyo Start Blockchain Revolution in Banking, Aim for Complete Automation

SEP 16, 2016 | Shivdeep Dhaliwal

Business embraces Blockchain big-way with IBM and Bank of Tokyo Mitsubishi UFJ implementing smart contracts, Singapore emerges as center of Blockchain development.

3200

Europe’s PSD2 Allows Third Parties to Offer Banking, Means Collapse of Traditional Finance

DEC 31, 2016 | William Suberg

PSD2, which allows third-party companies to offer banking services to consumers, could eventually transform banking in 67 countries worldwide through a ripple effect.

4775

Bank of Tokyo, Hitachi Team Up For Singapore Blockchain Project to Digitalize Banking

SEP 02, 2016 | Angus Leung

Bank of Tokyo-Mitsubishi UFJ and Hitachi are starting the Blockchain project in Singapore to digitalize banking.

2079

Blockchain Co-Founder Nicolas Cary: You Can Be Your Own Bank

APR 11, 2016 | Alicia Naumoff

CoinTelegraph met Nicolas Cary, Co-Founder and the CEO of Blockchain, at Money 20/20 in Copenhagen and asked him about the current state of the financial market.

2684

Loan Sharks of Tomorrow? FinTech Companies Move to Predatory Payday Businesses

JAN 24, 2017 | Shivdeep Dhaliwal

With fintech firms ready to enter the payday loan business and skip state regulations by obtaining a limited purpose bank charter, we may be entering a new era of banking horrors.

3135

WireX Buy Bitcoin - a Step Closer to the World’s First Bankless Personal Banking

MAR 22, 2016 | Kokkinos Marinos

WireX has released the first two-way bitcoin debit card with a buy bitcoin function. It will allow its users to fund their bitcoin accounts from anywhere through traditional bank transfers and alternative payment methods.

2247