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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A consortium aims to strengthen medical tourism in South Korea by launching a blockchain-powered platform.
Blockchain Tech May Soon Fuel Medical Tourism in South Korea
Felipe Erazo
2020-06-20T01:00:00+01:00
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Chinese multinational tech group ByteDance is seeking a virtual banking license in Singapore as a means of entering digital finance.
Chinese Tech Group Behind TikTok Looks to Enter Finance
Ting Peng
2020-06-16T22:16:00+01:00
21657
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Turkish İşbank and German Commerzbank completed the first blockchain-based trade finance transaction between the two countries.
First Turkish-German Trade Finance Transaction on Distributed Ledger Technology
Erhan Kahraman
2020-06-07T16:00:00+01:00
13514
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Central bank digital currencies endanger private banks, warned the Federal Reserve Bank of Philadelphia.
Central Bank Digital Currencies Endanger Private Banks, Says Federal Reserve
Adrian Zmudzinski
2020-06-05T14:19:00+01:00
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News
IMF expert says a synthetic CBDC is gaining popularity and will drive more innovation.
IMF Official Says Public-Private CBDC Offers Best of Both Worlds
Ting Peng
2020-05-28T15:30:00+01:00
4515
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According to a recent report, Africa’s lack of traditional financial infrastructure makes the region fertile ground for cryptocurrency adoption.
Bitcoin May Be the Solution to Africa’s Broken Financial System
Adrian Zmudzinski
2020-05-27T21:45:00+01:00
3343
News
Leading Bitcoin fund manager Grayscale Investments explains in its recent report that viewing CBDC as a Bitcoin replacement is incorrect.
Central Bank Digital Currencies Are Not a Replacement for Bitcoin: Grayscale
Adrian Zmudzinski
2020-05-27T12:47:00+01:00
3918
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A global think tank for central banking, OMFIF, has announced the launch of its Digital Money Institute, aimed at bridging the gap between digital currency and ...
Global Central Banking Think Tank Launches Digital Monetary Institute
Jack Martin
2020-05-22T09:51:00+01:00
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