Banking

Max Keiser: Banker Suicides ‘Likely to Increase as the Fiat Bubble Continues to Implode’

2015-06-11 10:14 AM | Daniel O. Nyairo

Max Keiser discusses raising over US$1.5 million, who the number one basher of Bitcoin is, and why bankers’ arrests are needed if he becomes the economic advisor to the Mayor of London.

FinTech’s Secret Weapon Against Central Banks

2015-07-04 06:35 PM | Jamie Redman

“The Future of Financial Services,” a 178-page report released on June 30 by the World Economic Forum, explains one of the greatest advantages of FinTech firms.

EU Banks Forced to Report Bitcoin-Linked Accounts Transacting Over €1,000

2015-06-24 01:38 PM | Charlie Richards

An anonymous Dutch bank employee has revealed that major banks in the EU are applying new rules forcing banks

Sweden’s 3rd Largest Bank Sponsors a Full-Page Ad to Explain Its Stance on Bitcoin

2015-06-14 08:12 PM | Jamie Redman

Swedish bank SEB (Skandinaviska Enskilda Banken AB) placed a sponsored, full-page ad this week in Sweden’s largest online newspaper, Swedish Dagbladet.

The Millennial Generation: Banking’s Big Problem, and It’s a Good Thing (Op-Ed)

2015-05-23 04:38 PM | George Samman

The Millennial generation is proving to be a large force behind the transformation and disruption of the banking industry.

Ripple gets Instant Deposits from US Banks, Sets Sights on Asian Remittances Market

2014-08-25 03:38 PM | Diana Ngo

Americans can now make instant deposits to Ripple from several US banks.

Deutsche Bank: The Blockchain is a ‘Truly Disruptive Idea’

2015-09-29 01:58 PM | Joseph Young

Deutsche Bank, a German global banking and financial services company has released yet another research paper about the blockchain technology entitled “Attack is Probably the Best Form of Defense,”

How Can a Bitcoin Bank Pay Interest?

2015-06-19 12:14 PM | Amanda B. Johnson

While several global headlines have declared that millennials are increasingly disinterested in banks, the owners of BTC.sx exchange have launched Magnr, “the first savings account for Bitcoin.”

Australia’s 'Big Four' Banks ANZ & Westpac Test Out Ripple Payments

2015-06-09 11:34 AM | Diana Ngo

Two of Australia's "big four banks," Westpac Banking Corporation and the Australia and New Zealand Bank Group (ANZ), are trialing Ripple payments for faster and lower-cost cross-border payments.

Citi Calls on UK Gov’t to Launch ‘Inevitable’ Digital Currency

2015-05-21 02:00 PM | Tom Jackson

Leading global bank Citi has called on the government of the United Kingdom (UK) to adopt a digital form of legal tender to reduce the cost of moving money, increase consumer spending and add greater liquidity to the market.

Deutsche Bank Set to Launch 3 ‘Innovation Labs’ to Accelerate Fin-Tech Startups

2015-06-04 06:41 PM | Joseph Young

German global banking and financial services company Deutsche Bank is set to launch three startup innovation labs in Silicon Valley, London and Berlin

As Banks Shut Down Remittance Programs, a $51 Billion Opportunity Opens For Bitcoin

2014-07-09 09:57 AM | Ian DeMartino

One of the most oft talked about advantages of Bitcoin is that is can be sent to anyone in the world for an extremely low fee.

Indian IT Giant Infosys Exploring ‘Bitcoin 2.0’ Applications for Core Banking Software

2015-04-14 11:35 AM | Diana Ngo

Infosys Ltd., an Indian IT multinational developer of Finacle, has started to work on ways of incorporating the blockchain into its core banking software.

First Bear Bond Market in a Generation: Liquidity Worries are Ramping Up

2015-06-12 10:37 AM | George Samman

The bond markets are rattled and global yields are rising, signaling a possible reversal of an aging 33 year bull market in bonds that could have a major impact on all other global financial markets resulting in a reprice in asset classes across the board.

Ireland Central Bank Official Admits Bitcoin’s Disruptive Potential

2014-07-06 09:32 PM | Bogdan Ulm

"Virtual and digital currencies can challenge the sovereignty of states,” says Gareth Murphy, senior Central Bank of Ireland official.

Banks & Fintechs Must Collaborate to 'Re-Engineer' the Global Financial Services Industry

2015-06-16 12:36 PM | Diana Ngo

Megabank's venture capital fund, argues that banks and fintech startups need to collaborate in order to "reboot" the global financial services industry and trigger the 'Fintech 2.0' revolution.

Pennsylvania's Department of Banking and Securities Identifies Digital Currencies as ‘Top Emerging Threat to Investors’

2014-11-17 08:25 PM | Diana Ngo

The Pennsylvania Department of Banking and Securities, issued a note identifying the 'top emerging threats facing investors in 2015,' where the state agency warns investors of the risks associated with digital currencies.

Africa May Leapfrog Traditional Banking

2015-04-09 06:13 PM | Travis Patron

If bitcoin acceptance reaches a critical mass where necessities of food, shelter, and clothing can be bought with it, it will likely have reached a tipping point where it displaces national currencies.

MAY 26 DIGEST: Adult FriendFinder Data Selling for 70 BTC, 1959 IBM Mainframe Can Mine Bitcoin

2015-05-26 12:46 PM | Daniel O. Nyairo

Unredacted Adult FriendFinder hacked Data is on offer for 70 Bitcoin, a 1959 IBM Model 1401 mainframe can mine bitcoin, and more news.

Coinbase’s New ‘Instant Exchange’ Extends Immediate Cash-Out Ability to Users

2015-06-17 10:56 AM | Evander Smart

Coinbase announced on their blog today that they’ve launched a new Instant Exchange feature

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

2016-09-16 09:09 AM | 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.

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

2016-09-02 12:45 PM | Angus Leung

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

Blockchain Revolution Comes to Canada, Vanbex Partners NetCents

2016-08-05 02:45 PM | 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.

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

2016-06-08 01:41 PM | 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?

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

2016-04-11 11:28 AM | Alisa Tciriulnikova

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.

Mastering Financial Services: R3’s New Distributed Ledger Tech

2016-04-08 03:38 PM | Alisa Tciriulnikova

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

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

2016-03-22 12:05 PM | 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.

Cashila Adds Sofort And SEPA Payments

2016-01-26 12:33 PM | Martin Rojko

Cashila, the European bitcoin/fiat payment processor adds a new feature for its customers enabling them to top up their account with Sofort Banking option.

NextBank: Scams, Foolishness or Reality?

2015-11-17 05:03 PM | Marco E. G. Maltese

It’s been around for some time now: a new international bank is coming to town, named NextBank. It looks and feels like either a miracle or a scam.

Study: Only 3% of Bank CEOs Have Tech Experience

2015-10-28 06:27 PM | Nina Lyon

The latest study from Accenture shows that only 6% of board directors and just 3% of CEOs of the world’s biggest banks have any technology experience, reports Business Wire.

Deutsche Bank: The Blockchain is a ‘Truly Disruptive Idea’

2015-09-29 01:58 PM | Joseph Young

Deutsche Bank, a German global banking and financial services company has released yet another research paper about the blockchain technology entitled “Attack is Probably the Best Form of Defense,”

From Bitcoin Wallets to Time Wallets: A Community-Focused Currency

2015-09-22 04:46 PM | Connie Kearney

Have you ever heard the term ‘timebank’ before? What about ‘timebanking’? If not, no worries, you are not alone.

FinTech’s Secret Weapon Against Central Banks

2015-07-04 06:35 PM | Jamie Redman

“The Future of Financial Services,” a 178-page report released on June 30 by the World Economic Forum, explains one of the greatest advantages of FinTech firms.

UK’s First Licensed App-Only Bank Still Reliant on Tradition

2015-06-26 12:22 PM | William Suberg

A first-of-its-kind app-based bank with no branches or online banking has won a banking license to operate in the UK from next year.

‘Future of Money’ Poll: 1 in 3 Australians Would Ditch Bank for Bitcoin & Fintech

2015-06-25 05:30 PM | Evander Smart

A survey conducted in Australia has uncovered that at least 1 in 3 citizens would ditch their bank for digital currency such as Bitcoin and other innovative financial services technologies.

EU Banks Forced to Report Bitcoin-Linked Accounts Transacting Over €1,000

2015-06-24 01:38 PM | Charlie Richards

An anonymous Dutch bank employee has revealed that major banks in the EU are applying new rules forcing banks

FinTech Digest: Emojis Replace Pin Codes, Bond Street Raises $110M, and Future of FinTech Is in Asia and Africa

2015-06-20 12:20 PM | Connie Kearney

British company Intelligent Environments wants to secure your banking information with emojis; online small business lender, Bond Street, secures new funding; and more news

How Can a Bitcoin Bank Pay Interest?

2015-06-19 12:14 PM | Amanda B. Johnson

While several global headlines have declared that millennials are increasingly disinterested in banks, the owners of BTC.sx exchange have launched Magnr, “the first savings account for Bitcoin.”

Coinbase’s New ‘Instant Exchange’ Extends Immediate Cash-Out Ability to Users

2015-06-17 10:56 AM | Evander Smart

Coinbase announced on their blog today that they’ve launched a new Instant Exchange feature

Banks & Fintechs Must Collaborate to 'Re-Engineer' the Global Financial Services Industry

2015-06-16 12:36 PM | Diana Ngo

Megabank's venture capital fund, argues that banks and fintech startups need to collaborate in order to "reboot" the global financial services industry and trigger the 'Fintech 2.0' revolution.

EU Banks Forced to Report Bitcoin-Linked Accounts Transacting Over €1,000

2015-06-24 01:38 PM | Charlie Richards

An anonymous Dutch bank employee has revealed that major banks in the EU are applying new rules forcing banks

Pure-Central Facilitates Peer-to-Peer Crypto Lending

2015-01-13 09:11 AM | Amanda B. Johnson

Cryptocurrency enables you to “be your own bank,” and banks are more than just a place to put your money—they're also a place from which to borrow. Pure-Central launched in late 2014 and aims to connect lenders with borrowers for loans in multiple cryptocurrencies.

NextBank: Scams, Foolishness or Reality?

2015-11-17 05:03 PM | Marco E. G. Maltese

It’s been around for some time now: a new international bank is coming to town, named NextBank. It looks and feels like either a miracle or a scam.

Max Keiser: Banker Suicides ‘Likely to Increase as the Fiat Bubble Continues to Implode’

2015-06-11 10:14 AM | Daniel O. Nyairo

Max Keiser discusses raising over US$1.5 million, who the number one basher of Bitcoin is, and why bankers’ arrests are needed if he becomes the economic advisor to the Mayor of London.

How Can a Bitcoin Bank Pay Interest?

2015-06-19 12:14 PM | Amanda B. Johnson

While several global headlines have declared that millennials are increasingly disinterested in banks, the owners of BTC.sx exchange have launched Magnr, “the first savings account for Bitcoin.”

Sweden’s 3rd Largest Bank Sponsors a Full-Page Ad to Explain Its Stance on Bitcoin

2015-06-14 08:12 PM | Jamie Redman

Swedish bank SEB (Skandinaviska Enskilda Banken AB) placed a sponsored, full-page ad this week in Sweden’s largest online newspaper, Swedish Dagbladet.

Pennsylvania's Department of Banking and Securities Identifies Digital Currencies as ‘Top Emerging Threat to Investors’

2014-11-17 08:25 PM | Diana Ngo

The Pennsylvania Department of Banking and Securities, issued a note identifying the 'top emerging threats facing investors in 2015,' where the state agency warns investors of the risks associated with digital currencies.

Africa May Leapfrog Traditional Banking

2015-04-09 06:13 PM | Travis Patron

If bitcoin acceptance reaches a critical mass where necessities of food, shelter, and clothing can be bought with it, it will likely have reached a tipping point where it displaces national currencies.

Australia’s 'Big Four' Banks ANZ & Westpac Test Out Ripple Payments

2015-06-09 11:34 AM | Diana Ngo

Two of Australia's "big four banks," Westpac Banking Corporation and the Australia and New Zealand Bank Group (ANZ), are trialing Ripple payments for faster and lower-cost cross-border payments.

Study: Only 3% of Bank CEOs Have Tech Experience

2015-10-28 06:27 PM | Nina Lyon

The latest study from Accenture shows that only 6% of board directors and just 3% of CEOs of the world’s biggest banks have any technology experience, reports Business Wire.

Ripple gets Instant Deposits from US Banks, Sets Sights on Asian Remittances Market

2014-08-25 03:38 PM | Diana Ngo

Americans can now make instant deposits to Ripple from several US banks.

Deutsche Bank: The Blockchain is a ‘Truly Disruptive Idea’

2015-09-29 01:58 PM | Joseph Young

Deutsche Bank, a German global banking and financial services company has released yet another research paper about the blockchain technology entitled “Attack is Probably the Best Form of Defense,”

Commonwealth Bank of Australia to Integrate Ripple for Instant Settlements

2015-05-29 01:59 PM | Diana Ngo

"Big four" Australian bank, the Commonwealth Bank of Australia (CBA), has announced its plans to integrate Ripple and use the distributed network to transfer funds between its subsidiaries.

You Can’t Have Your Money and Spend It Too

2014-12-14 05:59 PM | Guest Author

The following piece was submitted as part of CoinTelegraph’s Tell us your bank horror story article contest presented to you by Shapeshift.io

Fintech ‘As a Bridge Out of Poverty' to Fight Financial Exclusion

2015-06-08 03:26 PM | Diana Ngo

Beyond the business opportunities, financial innovations have a larger socio-economic role to play and could help pull billions of people out of poverty, according to a new report.

FinTech’s Secret Weapon Against Central Banks

2015-07-04 06:35 PM | Jamie Redman

“The Future of Financial Services,” a 178-page report released on June 30 by the World Economic Forum, explains one of the greatest advantages of FinTech firms.

“The Banking System is mostly not needed” - 38th Director of the US Mint, Edmund Moy

2014-08-05 01:53 PM | Carlo Caraluzzo

Edmund Moy is a former Director of the United States mint and well known economist.

Ireland Central Bank Official Admits Bitcoin’s Disruptive Potential

2014-07-06 09:32 PM | Bogdan Ulm

"Virtual and digital currencies can challenge the sovereignty of states,” says Gareth Murphy, senior Central Bank of Ireland official.

From Bitcoin Wallets to Time Wallets: A Community-Focused Currency

2015-09-22 04:46 PM | Connie Kearney

Have you ever heard the term ‘timebank’ before? What about ‘timebanking’? If not, no worries, you are not alone.

Citi Calls on UK Gov’t to Launch ‘Inevitable’ Digital Currency

2015-05-21 02:00 PM | Tom Jackson

Leading global bank Citi has called on the government of the United Kingdom (UK) to adopt a digital form of legal tender to reduce the cost of moving money, increase consumer spending and add greater liquidity to the market.