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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Enterprise Ethereum Alliance Becomes World’s Largest Open-source Blockchain Initiative

JUL 19, 2017 | Cointelegraph

150 new organizations join the Enterprise Ethereum Alliance - discover who they are.

14587 | 4

US Top Banking Exec Backs Ethereum Over Bitcoin

JUL 09, 2017 | Jon Buck

Mike McGovern, head of Investor Services at Brown Brothers Harriman & Co, one of US oldest private banks: "When looking at Bitcoin Blockchain versus Ethereum, there's no doubt Ethereum is superior.”

56657 | 29

Blockchain - “Bitcoin with Haircut” or Replacement for Inefficient Banking System?

JUL 05, 2017 | Joseph Young

JPMorgan Chase, the New York-based $335.4 bln banking giant, has started to utilize Blockchain technology to automate high throughput transaction processing.

8700

Former Barclay’s CEO Warns Banks of ‘Kodak Moment,’ Pushes to Embrace Fintech

JUL 02, 2017 | Jon Buck

Former Barclay’s CEO warns the banking industry of the changes that are coming

28459 | 7

Bitcoin Shows What Banking Should Be: American Banker

JUN 26, 2017 | Joseph Young

Prominent financial newspaper American Banker recently featured an analytical piece on how Bitcoin shows what banking should be.

9185 | 4

Online Banking Shifts To Digital Identity Solutions: Survey

JUN 26, 2017 | William Suberg

Online banking signups are twice as popular in countries with identity databases, new research has found.

12197 | 1

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.

21732 | 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.

549 | 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.

60

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.

167 | 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.

47

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.

165 | 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.

49 | 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.

196 | 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.

51

US Top Banking Exec Backs Ethereum Over Bitcoin

JUL 09, 2017 | Jon Buck

Mike McGovern, head of Investor Services at Brown Brothers Harriman & Co, one of US oldest private banks: "When looking at Bitcoin Blockchain versus Ethereum, there's no doubt Ethereum is superior.”

56657 | 29

Former Barclay’s CEO Warns Banks of ‘Kodak Moment,’ Pushes to Embrace Fintech

JUL 02, 2017 | Jon Buck

Former Barclay’s CEO warns the banking industry of the changes that are coming

28459 | 7

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.

21732 | 4

Enterprise Ethereum Alliance Becomes World’s Largest Open-source Blockchain Initiative

JUL 19, 2017 | Cointelegraph

150 new organizations join the Enterprise Ethereum Alliance - discover who they are.

14587 | 4

Online Banking Shifts To Digital Identity Solutions: Survey

JUN 26, 2017 | William Suberg

Online banking signups are twice as popular in countries with identity databases, new research has found.

12197 | 1

Bitcoin Shows What Banking Should Be: American Banker

JUN 26, 2017 | Joseph Young

Prominent financial newspaper American Banker recently featured an analytical piece on how Bitcoin shows what banking should be.

9185 | 4

Blockchain - “Bitcoin with Haircut” or Replacement for Inefficient Banking System?

JUL 05, 2017 | Joseph Young

JPMorgan Chase, the New York-based $335.4 bln banking giant, has started to utilize Blockchain technology to automate high throughput transaction processing.

8700

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.

549 | 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.

196 | 1

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.

167 | 3

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.

165 | 2

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.

60

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.

51

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.

49 | 4

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.

47

US Top Banking Exec Backs Ethereum Over Bitcoin

JUL 09, 2017 | Jon Buck

Mike McGovern, head of Investor Services at Brown Brothers Harriman & Co, one of US oldest private banks: "When looking at Bitcoin Blockchain versus Ethereum, there's no doubt Ethereum is superior.”

56657 | 29

Former Barclay’s CEO Warns Banks of ‘Kodak Moment,’ Pushes to Embrace Fintech

JUL 02, 2017 | Jon Buck

Former Barclay’s CEO warns the banking industry of the changes that are coming

28459 | 7

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.

49 | 4

Bitcoin Shows What Banking Should Be: American Banker

JUN 26, 2017 | Joseph Young

Prominent financial newspaper American Banker recently featured an analytical piece on how Bitcoin shows what banking should be.

9185 | 4

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.

21732 | 4

Enterprise Ethereum Alliance Becomes World’s Largest Open-source Blockchain Initiative

JUL 19, 2017 | Cointelegraph

150 new organizations join the Enterprise Ethereum Alliance - discover who they are.

14587 | 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.

167 | 3

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.

165 | 2

Online Banking Shifts To Digital Identity Solutions: Survey

JUN 26, 2017 | William Suberg

Online banking signups are twice as popular in countries with identity databases, new research has found.

12197 | 1

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.

549 | 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.

196 | 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.

60

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.

47

Blockchain - “Bitcoin with Haircut” or Replacement for Inefficient Banking System?

JUL 05, 2017 | Joseph Young

JPMorgan Chase, the New York-based $335.4 bln banking giant, has started to utilize Blockchain technology to automate high throughput transaction processing.

8700

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.

51