Banks News

Banks are financial institutions which are licensed to receive deposits and give out loans, as well as provide other financial services. Although convenient in a lot of cases, banks have many crucial disadvantages, such as high fees, and arbitrary restrictions and work schedules. Bitcoin was designed, in part, to avoid these disadvantages.

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Global Finance Deals Drop 26 Percent, Banks ‘Downsizing’: GlobalData Report

JUN 21, 2017 | William Suberg

Private equity deals fell 26 percent in Q1 2017, topping a global downturn in investment agreements, sharply contrasting to the Blockchain space.

10682 | 4

AIG Issues First Insurance Policy Based on Blockchain Technology

JUN 19, 2017 | Anthony Coggine

AIG announces its first multinational smart contract-based insurance policy utilizing Blockchain technology in partnership with Standard Chartered Bank and IBM.

25952

Banking Giants Start to Use Blockchain Technology to Backup Data & Process Transactions

JUN 17, 2017 | Joseph Young

$82 billion banking giant Morgan Stanley and leading financial institution Bank of New York Mellon (BNY Mellon) are utilizing blockchain technology-based platforms to maintain backup records and process transactions.

19220 | 1

Goldman Sachs Predicts Bearish Movement for Bitcoin Once It Reaches $3,100

JUN 16, 2017 | Lisa Froelings

Goldman Sachs recently warned its clients that the Bitcoin may halt its bullish movement once it reaches $3,100.

33919 | 10

Head of Bundesbank Proposes Digital Currency To Compete With Bitcoin

JUN 15, 2017 | Joseph Young

Head of Germany’s Bundesbank Jens Weidmann proposes the development of central bank-issued digital currencies to compete with Bitcoin.

25646 | 16

Thomson Reuters to Embrace Blockchain-Friendly Data

JUN 14, 2017 | Jon Buck

Thomson Reuters will begin using a tool that will allow their customers to utilize Blockchain-based data.

9915 | 1

Blockchain-Based Loans Could Rescue SMEs Without Other Funding Options

JUN 13, 2017 | Iyke Aru

With cryptocurrency, for the first time, it is possible to send smallest amounts of money anywhere in the world without fees.

12414

Bitcoin Takes Beating in Israel

JUN 12, 2017 | Jon Buck

Bitcoin was dealt a major beating by the district judiciary when they ruled against Bits of Gold, a cryptocurrency broker in Tel Aviv.

25407 | 12

Two Russian Blockchain Startups Team Up to Tackle Climate Change

JUN 10, 2017 | Joshua Althauser

Chooose and DAO IPCI aim to apply the Blockchain technology to climate change actions and revolutionize the CO2 market which is still very conservative.

14288 | 1

Singapore Central Bank to Use Blockchain Tech for New Payment Transfer Project

JUN 09, 2017 | Anthony Coggine

Singapore Central Bank will use the Blockchain technology for payment transfer project

7938

Santander Buys Spain’s Banco Popular For Price of Hotdog

JUN 07, 2017 | William Suberg

A Spanish bank has accepted a takeover by Santander for just €1 after its share price plunged.

9397

BankChain Sees India Start Sharing AML/KYC Data

MAY 30, 2017 | William Suberg

The first results of India’s BankChain Blockchain initiative will see consumer KYC and AML data shared between members.

7319

Bank Blockchain Pilot in India Sees Transactions Going From Weeks to Hours

MAY 18, 2017 | William Suberg

Several major consultancy firms have joined an Indian bank in piloting Blockchain trade transactions.

7646 | 1

Bitcoin Embraced by Global Payment Provider Payza, Norwegian Bank

MAY 16, 2017 | Olusegun Ogundeji

A move by Payza to offer new Bitcoin services will take the digital currency a step closer in its disruption of the global remittance sector.

8950

Blockchain Scheme Gets RBS Pilot With Irish Banks

MAY 16, 2017 | William Suberg

The Royal Bank of Scotland (RBS) is partnering with Irish banks and Deloitte on a new Blockchain scheme.

3934

Goldman Sachs Predicts Bearish Movement for Bitcoin Once It Reaches $3,100

JUN 16, 2017 | Lisa Froelings

Goldman Sachs recently warned its clients that the Bitcoin may halt its bullish movement once it reaches $3,100.

33919 | 10

AIG Issues First Insurance Policy Based on Blockchain Technology

JUN 19, 2017 | Anthony Coggine

AIG announces its first multinational smart contract-based insurance policy utilizing Blockchain technology in partnership with Standard Chartered Bank and IBM.

25952

Head of Bundesbank Proposes Digital Currency To Compete With Bitcoin

JUN 15, 2017 | Joseph Young

Head of Germany’s Bundesbank Jens Weidmann proposes the development of central bank-issued digital currencies to compete with Bitcoin.

25646 | 16

Bitcoin Takes Beating in Israel

JUN 12, 2017 | Jon Buck

Bitcoin was dealt a major beating by the district judiciary when they ruled against Bits of Gold, a cryptocurrency broker in Tel Aviv.

25407 | 12

Banking Giants Start to Use Blockchain Technology to Backup Data & Process Transactions

JUN 17, 2017 | Joseph Young

$82 billion banking giant Morgan Stanley and leading financial institution Bank of New York Mellon (BNY Mellon) are utilizing blockchain technology-based platforms to maintain backup records and process transactions.

19220 | 1

Two Russian Blockchain Startups Team Up to Tackle Climate Change

JUN 10, 2017 | Joshua Althauser

Chooose and DAO IPCI aim to apply the Blockchain technology to climate change actions and revolutionize the CO2 market which is still very conservative.

14288 | 1

Blockchain-Based Loans Could Rescue SMEs Without Other Funding Options

JUN 13, 2017 | Iyke Aru

With cryptocurrency, for the first time, it is possible to send smallest amounts of money anywhere in the world without fees.

12414

Global Finance Deals Drop 26 Percent, Banks ‘Downsizing’: GlobalData Report

JUN 21, 2017 | William Suberg

Private equity deals fell 26 percent in Q1 2017, topping a global downturn in investment agreements, sharply contrasting to the Blockchain space.

10682 | 4

Thomson Reuters to Embrace Blockchain-Friendly Data

JUN 14, 2017 | Jon Buck

Thomson Reuters will begin using a tool that will allow their customers to utilize Blockchain-based data.

9915 | 1

Santander Buys Spain’s Banco Popular For Price of Hotdog

JUN 07, 2017 | William Suberg

A Spanish bank has accepted a takeover by Santander for just €1 after its share price plunged.

9397

Bitcoin Embraced by Global Payment Provider Payza, Norwegian Bank

MAY 16, 2017 | Olusegun Ogundeji

A move by Payza to offer new Bitcoin services will take the digital currency a step closer in its disruption of the global remittance sector.

8950

Singapore Central Bank to Use Blockchain Tech for New Payment Transfer Project

JUN 09, 2017 | Anthony Coggine

Singapore Central Bank will use the Blockchain technology for payment transfer project

7938

Bank Blockchain Pilot in India Sees Transactions Going From Weeks to Hours

MAY 18, 2017 | William Suberg

Several major consultancy firms have joined an Indian bank in piloting Blockchain trade transactions.

7646 | 1

BankChain Sees India Start Sharing AML/KYC Data

MAY 30, 2017 | William Suberg

The first results of India’s BankChain Blockchain initiative will see consumer KYC and AML data shared between members.

7319

Blockchain Scheme Gets RBS Pilot With Irish Banks

MAY 16, 2017 | William Suberg

The Royal Bank of Scotland (RBS) is partnering with Irish banks and Deloitte on a new Blockchain scheme.

3934

Head of Bundesbank Proposes Digital Currency To Compete With Bitcoin

JUN 15, 2017 | Joseph Young

Head of Germany’s Bundesbank Jens Weidmann proposes the development of central bank-issued digital currencies to compete with Bitcoin.

25646 | 16

Bitcoin Takes Beating in Israel

JUN 12, 2017 | Jon Buck

Bitcoin was dealt a major beating by the district judiciary when they ruled against Bits of Gold, a cryptocurrency broker in Tel Aviv.

25407 | 12

Goldman Sachs Predicts Bearish Movement for Bitcoin Once It Reaches $3,100

JUN 16, 2017 | Lisa Froelings

Goldman Sachs recently warned its clients that the Bitcoin may halt its bullish movement once it reaches $3,100.

33919 | 10

Global Finance Deals Drop 26 Percent, Banks ‘Downsizing’: GlobalData Report

JUN 21, 2017 | William Suberg

Private equity deals fell 26 percent in Q1 2017, topping a global downturn in investment agreements, sharply contrasting to the Blockchain space.

10682 | 4

Thomson Reuters to Embrace Blockchain-Friendly Data

JUN 14, 2017 | Jon Buck

Thomson Reuters will begin using a tool that will allow their customers to utilize Blockchain-based data.

9915 | 1

Two Russian Blockchain Startups Team Up to Tackle Climate Change

JUN 10, 2017 | Joshua Althauser

Chooose and DAO IPCI aim to apply the Blockchain technology to climate change actions and revolutionize the CO2 market which is still very conservative.

14288 | 1

Banking Giants Start to Use Blockchain Technology to Backup Data & Process Transactions

JUN 17, 2017 | Joseph Young

$82 billion banking giant Morgan Stanley and leading financial institution Bank of New York Mellon (BNY Mellon) are utilizing blockchain technology-based platforms to maintain backup records and process transactions.

19220 | 1

Bank Blockchain Pilot in India Sees Transactions Going From Weeks to Hours

MAY 18, 2017 | William Suberg

Several major consultancy firms have joined an Indian bank in piloting Blockchain trade transactions.

7646 | 1

Blockchain-Based Loans Could Rescue SMEs Without Other Funding Options

JUN 13, 2017 | Iyke Aru

With cryptocurrency, for the first time, it is possible to send smallest amounts of money anywhere in the world without fees.

12414

AIG Issues First Insurance Policy Based on Blockchain Technology

JUN 19, 2017 | Anthony Coggine

AIG announces its first multinational smart contract-based insurance policy utilizing Blockchain technology in partnership with Standard Chartered Bank and IBM.

25952

Bitcoin Embraced by Global Payment Provider Payza, Norwegian Bank

MAY 16, 2017 | Olusegun Ogundeji

A move by Payza to offer new Bitcoin services will take the digital currency a step closer in its disruption of the global remittance sector.

8950

BankChain Sees India Start Sharing AML/KYC Data

MAY 30, 2017 | William Suberg

The first results of India’s BankChain Blockchain initiative will see consumer KYC and AML data shared between members.

7319

Singapore Central Bank to Use Blockchain Tech for New Payment Transfer Project

JUN 09, 2017 | Anthony Coggine

Singapore Central Bank will use the Blockchain technology for payment transfer project

7938

Santander Buys Spain’s Banco Popular For Price of Hotdog

JUN 07, 2017 | William Suberg

A Spanish bank has accepted a takeover by Santander for just €1 after its share price plunged.

9397

Blockchain Scheme Gets RBS Pilot With Irish Banks

MAY 16, 2017 | William Suberg

The Royal Bank of Scotland (RBS) is partnering with Irish banks and Deloitte on a new Blockchain scheme.

3934