Banks News

Banks

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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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.

7379 | 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.

8712

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.

3792

German Bank Warns Users Against Bitcoin’s Instability And Volatility

MAY 08, 2017 | Joseph Young

German bank Bundesbank warned its users against Bitcoin’s volatility rate, expressing its concerns over market instability.

4830 | 1

Ripple Overtakes Ethereum to Become Second Largest Crypto After Japanese Bank Consortium Formed

MAY 08, 2017 | Joseph Young

Ripple officially took over Ethereum to become the world’s second largest cryptocurrency with a total market cap of $8.5 bln.

46216 | 17

UN Commission: Blockchain Can Help Struggling Banks in Latin America

MAY 02, 2017 | William Suberg

A regional UN Commission in South America has suggested in a new report stating that Blockchain could one day help solve problems for developing market banks.

5882

London Gets Hacked, Banks Up To Stuff: Nick Ayton Reports

MAY 01, 2017 | Nick Ayton

Our London Correspondent Nick Ayton reports on another exciting week in London where hackers are up to off planetary stuff, the first coin synced to Moon cycles released and Satoshi spotted close to UK Government.

8785 | 2

Indian Bitcoin Exchange Bank Account Unblocked, KYC Now Obligatory

MAY 01, 2017 | William Suberg

The major Indian Bitcoin exchange Zebpay has increased its KYC provisions as police unfreeze a bank account used to sell stolen funds.

6988

Ripple Signs Up Another 10 Banks As Blockchain-Based Payments Grow

APR 27, 2017 | Alexander Geralis

Ripple signed up another 10 banks, including BBVA, penetrating the traditional banking sector in a way other digital currencies have yet to do.

12395 | 2

Hacked Indian Bank Moves Against Bitcoin in Court

APR 26, 2017 | Olusegun Ogundeji

Indian Bank of Maharashtra takes three Bitcoin companies to court over suspected involvement in hacking of about $1 mln.

11031 | 4

PwC: FinTech Startup Partnerships Key to Banks’ Survival

APR 26, 2017 | Joseph Young

PwC, one of the “Big Four” auditors along with Deloitte, EY and KPMG, revealed in its new study that banks and financial institutions are experiencing major losses in revenue due to the emergence of fintech companies and service providers.

4876 | 3

Tether’s Bank Problems Create Unease As Token Value Slides Below $1

APR 25, 2017 | William Suberg

Tether.to’s USDT token has slid below parity with the dollar as its banking woes continue in Taiwan.

4607 | 4

Blockchain Hype: People Love Talking About It More Than Using It

APR 19, 2017 | Joseph Young

Over three years have passed with billions of US dollars invested in the technology. Yet, no companies have demonstrated the commercial success of the Blockchain and its applicability to the general consumer base.

3344

Traders Flee Bitcoin Exchange Bitfinex As It Pauses Wire Transfer

APR 18, 2017 | Olusegun Ogundeji

Cointelegraph looks into why Bitfinex has issues with its banks and whether it may take some time to unravel the main reasons for the problem.

9056 | 4

Bitcoin Company Partners With EU Banks to Improve Wage Payment Solutions

APR 17, 2017 | Iyke Aru

Silicon Valley based payment gateway, Bitwage claims partnership with banks to achieve same day wage delivery services to its clients.

3477 | 2

Ripple Overtakes Ethereum to Become Second Largest Crypto After Japanese Bank Consortium Formed

MAY 08, 2017 | Joseph Young

Ripple officially took over Ethereum to become the world’s second largest cryptocurrency with a total market cap of $8.5 bln.

46216 | 17

Ripple Signs Up Another 10 Banks As Blockchain-Based Payments Grow

APR 27, 2017 | Alexander Geralis

Ripple signed up another 10 banks, including BBVA, penetrating the traditional banking sector in a way other digital currencies have yet to do.

12395 | 2

Hacked Indian Bank Moves Against Bitcoin in Court

APR 26, 2017 | Olusegun Ogundeji

Indian Bank of Maharashtra takes three Bitcoin companies to court over suspected involvement in hacking of about $1 mln.

11031 | 4

Traders Flee Bitcoin Exchange Bitfinex As It Pauses Wire Transfer

APR 18, 2017 | Olusegun Ogundeji

Cointelegraph looks into why Bitfinex has issues with its banks and whether it may take some time to unravel the main reasons for the problem.

9056 | 4

London Gets Hacked, Banks Up To Stuff: Nick Ayton Reports

MAY 01, 2017 | Nick Ayton

Our London Correspondent Nick Ayton reports on another exciting week in London where hackers are up to off planetary stuff, the first coin synced to Moon cycles released and Satoshi spotted close to UK Government.

8785 | 2

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.

8712

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.

7379 | 1

Indian Bitcoin Exchange Bank Account Unblocked, KYC Now Obligatory

MAY 01, 2017 | William Suberg

The major Indian Bitcoin exchange Zebpay has increased its KYC provisions as police unfreeze a bank account used to sell stolen funds.

6988

UN Commission: Blockchain Can Help Struggling Banks in Latin America

MAY 02, 2017 | William Suberg

A regional UN Commission in South America has suggested in a new report stating that Blockchain could one day help solve problems for developing market banks.

5882

PwC: FinTech Startup Partnerships Key to Banks’ Survival

APR 26, 2017 | Joseph Young

PwC, one of the “Big Four” auditors along with Deloitte, EY and KPMG, revealed in its new study that banks and financial institutions are experiencing major losses in revenue due to the emergence of fintech companies and service providers.

4876 | 3

German Bank Warns Users Against Bitcoin’s Instability And Volatility

MAY 08, 2017 | Joseph Young

German bank Bundesbank warned its users against Bitcoin’s volatility rate, expressing its concerns over market instability.

4830 | 1

Tether’s Bank Problems Create Unease As Token Value Slides Below $1

APR 25, 2017 | William Suberg

Tether.to’s USDT token has slid below parity with the dollar as its banking woes continue in Taiwan.

4607 | 4

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.

3792

Bitcoin Company Partners With EU Banks to Improve Wage Payment Solutions

APR 17, 2017 | Iyke Aru

Silicon Valley based payment gateway, Bitwage claims partnership with banks to achieve same day wage delivery services to its clients.

3477 | 2

Blockchain Hype: People Love Talking About It More Than Using It

APR 19, 2017 | Joseph Young

Over three years have passed with billions of US dollars invested in the technology. Yet, no companies have demonstrated the commercial success of the Blockchain and its applicability to the general consumer base.

3344

Ripple Overtakes Ethereum to Become Second Largest Crypto After Japanese Bank Consortium Formed

MAY 08, 2017 | Joseph Young

Ripple officially took over Ethereum to become the world’s second largest cryptocurrency with a total market cap of $8.5 bln.

46216 | 17

Traders Flee Bitcoin Exchange Bitfinex As It Pauses Wire Transfer

APR 18, 2017 | Olusegun Ogundeji

Cointelegraph looks into why Bitfinex has issues with its banks and whether it may take some time to unravel the main reasons for the problem.

9056 | 4

Tether’s Bank Problems Create Unease As Token Value Slides Below $1

APR 25, 2017 | William Suberg

Tether.to’s USDT token has slid below parity with the dollar as its banking woes continue in Taiwan.

4607 | 4

Hacked Indian Bank Moves Against Bitcoin in Court

APR 26, 2017 | Olusegun Ogundeji

Indian Bank of Maharashtra takes three Bitcoin companies to court over suspected involvement in hacking of about $1 mln.

11031 | 4

PwC: FinTech Startup Partnerships Key to Banks’ Survival

APR 26, 2017 | Joseph Young

PwC, one of the “Big Four” auditors along with Deloitte, EY and KPMG, revealed in its new study that banks and financial institutions are experiencing major losses in revenue due to the emergence of fintech companies and service providers.

4876 | 3

Bitcoin Company Partners With EU Banks to Improve Wage Payment Solutions

APR 17, 2017 | Iyke Aru

Silicon Valley based payment gateway, Bitwage claims partnership with banks to achieve same day wage delivery services to its clients.

3477 | 2

London Gets Hacked, Banks Up To Stuff: Nick Ayton Reports

MAY 01, 2017 | Nick Ayton

Our London Correspondent Nick Ayton reports on another exciting week in London where hackers are up to off planetary stuff, the first coin synced to Moon cycles released and Satoshi spotted close to UK Government.

8785 | 2

Ripple Signs Up Another 10 Banks As Blockchain-Based Payments Grow

APR 27, 2017 | Alexander Geralis

Ripple signed up another 10 banks, including BBVA, penetrating the traditional banking sector in a way other digital currencies have yet to do.

12395 | 2

German Bank Warns Users Against Bitcoin’s Instability And Volatility

MAY 08, 2017 | Joseph Young

German bank Bundesbank warned its users against Bitcoin’s volatility rate, expressing its concerns over market instability.

4830 | 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.

7379 | 1

Blockchain Hype: People Love Talking About It More Than Using It

APR 19, 2017 | Joseph Young

Over three years have passed with billions of US dollars invested in the technology. Yet, no companies have demonstrated the commercial success of the Blockchain and its applicability to the general consumer base.

3344

UN Commission: Blockchain Can Help Struggling Banks in Latin America

MAY 02, 2017 | William Suberg

A regional UN Commission in South America has suggested in a new report stating that Blockchain could one day help solve problems for developing market banks.

5882

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.

3792

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.

8712

Indian Bitcoin Exchange Bank Account Unblocked, KYC Now Obligatory

MAY 01, 2017 | William Suberg

The major Indian Bitcoin exchange Zebpay has increased its KYC provisions as police unfreeze a bank account used to sell stolen funds.

6988