Banks News

A bank is a financial organization that generates revenue by charging interest on lent capital, transaction fees and giving financial advice. The banking sphere is subject to strict governmental regulations, as it is one of the most significant agents in the financial system. Commercial banks are involved in a wide variety of activities, from personal banking and consumer finance to foreign exchange and money market trading. The World Bank is an organization with the aim of reducing poverty and helping underdeveloped countries with economic development. The World Bank Group includes five organizations, with one of them being International Bank for Reconstruction and Development (IBRD), which is often confusingly referred to as the World Bank. Modern times have reduced the barriers of global competition of banks all over the world and has made the banking sphere more and more globalized.

News
UnionBank head forecasts that the coronavirus will drive banks to shift towards digital currencies, leaving physical cash behind.
UnionBank Head Foresees the End of Physical Cash
Ana Alexandre
2020-04-03T18:30:00+01:00
News
Four Brazilian financial regulators are teaming up to aggregate data using blockchain technology to streamline the screening of politicians and corporations.
Brazilian Regulators Create DLT Platform for Screening Politicians
Samuel Haig
2020-04-03T11:28:00+01:00
News
The central bank of France officially announced a program of experiments to test the interbank integration of central bank digital currencies.
Bank of France Launches Experiment Program on Central Bank Digital Currency
Helen Partz
2020-03-30T21:12:00+01:00
News
Major Spanish bank Santander is extending its Ripple-powered international payments system One Pay FX to Mexico in 2020.
Santander to Extend Ripple-Powered Payments Solution to Mexico This Year
Marie Huillet
2020-03-30T10:17:00+01:00
News
South Korea’s KB Kookmin Bank applies to trademark KBDAC (KB Digital Asset Custody) in over twenty crypto-related business areas.
South Korea's Largest Bank Launch a Crypto Custodial Service
Jack Martin
2020-03-27T13:35:00+00:00
News
After analyzing the plans for the Chinese and British CBDCs, InterChain Pulse noted the differences and similarities of the planned digital currencies.
China and UK’s Planned Digital Currencies Appear to Have Little in Common
Ana Alexandre
2020-03-27T12:13:00+00:00
News
India’s Tech Mahindra said faster reconciliation and a reduction in paperwork are just two of the benefits of using the Marco Polo blockchain platform.
Indian Tech Giant Mahindra Speeds Up Cross Border Transactions with Blockchain
Ana Alexandre
2020-03-27T00:55:00+00:00
News
The Ministry of Economic Development of the Russian Federation introduced a draft law that would allow the testing of crypto in a regulatory sandbox.
Russian Ministry Wants to Test Crypto and Blockchain in Regulatory Sandboxes
Helen Partz
2020-03-24T13:59:00+00:00

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