Tag: Bank’s

Banks
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Capital One Applies for Blockchain-Based Collaborative Authentication System Patent

Brian Evans - Aug 18, 2018

U.S. Bank holding Capital One has applied for a patent for developing a blockchain-powered user authentication system.

Adoption
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Bank of China Partners With China UnionPay to Explore Blockchain for Payment Systems

Brian Evans - Aug 16, 2018

The Bank of China has partnered with China UnionPay to jointly explore blockchain applications in the field of cross-border mobile payments

Banks
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Bank of Montreal, Teachers’ Pension Fund Trial Canadian Dollar Debt Deal via Blockchain

Brian Evans - Aug 15, 2018

In a national currency first, the Bank of Montreal and Ontario Teachers’ Pension Plan have reportedly settled a Canadian-dollar debt deal over blockchain

Banks
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Goldman Sachs Leads $32 Million Funding Round for Enterprise Blockchain Startup Axon

Brian Evans - Aug 14, 2018

Enterprise-focused blockchain startup Axoni has raised $32 million in a funding round led by Goldman Sachs, joined by JPMorgan, Wells Fargo, Citigroup and others

Adoption
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Blockchain Startup Signs MOU With Central Bank of Curaçao and Sint Maarten

Brian Evans - Aug 14, 2018

The central bank of Curaçao and Sint Maarten has signed an MOU with blockchain startup Bitt to research the feasibility of issuing its own digital currency

Australia
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Hodler’s Digest, August 5-12: You Can’t Actually Buy A Frappucino With Bitcoin, But You Can Ship More Things On Blockchain

Brian Evans - Aug 12, 2018

This week in the Hodler’s Digest, Starbucks corrects media hype — you cannot buy your favorite Frapp with BTC — and the SEC postpones a BTC ETF…

AML
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FinCEN Director: Agency Receives 1,500 Suspicious Activity Reports on Crypto per Month

Brian Evans - Aug 11, 2018

The director of the U.S. Financial Crimes Enforcement Network (FinCEN) says that the agency has seen a surge in filings of crypto-related Suspicious Activity Reports

Banks
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India: Government to Consider Allowing Crypto Tokens, But Not Cryptocurrencies

Brian Evans - Aug 10, 2018

The Indian government is reportedly considering whether to allow crypto tokens — not cryptocurrencies — to be used in the country, based on proposals from an inter-ministerial…

Australia
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World Bank Mandates Commonwealth Bank of Australia to Issue Bond Using Blockchain Tech

Brian Evans - Aug 10, 2018

The Commonwealth Bank of Australia has received a mandate from the World Bank to create and issue a bond exclusively on a blockchain

Adoption
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Barclays Sponsors Blockchain Hackathon to Explore Derivatives Contracts Processing

Brian Evans - Aug 10, 2018

U.K. investment bank Barclays is sponsoring a blockchain hackathon in order to find solutions to increase the efficiency of derivatives contracts post-trade processing