Banking

Deloitte Blockchain Chief: Bad Crypto Headlines Making Clients ‘Nervous’

| Anna Baydakova

Hype around ICOs and altcoins “hasn’t helped us,” says Linda Pawczuk, leader of Deloitte Consulting’s financial services industry blockchain…

Malaysian Banking Group CIMB Taps Ripple for Blockchain Remittances

| Yogita Khatri

Malaysian banking group CIMB has joined Ripple’s blockchain-based payments network, RippleNet, seeking faster cross-border payments.

Singapore’s Central Bank, SGX Develop Blockchain Settlement System

| Yogita Khatri

The Monetary Authority of Singapore and the nation's stock exchange have developed a blockchain-based settlement system for tokenized assets.

Canadian Bank Opens Deposit Box for Cryptocurrency Firms

| Zack Seward

VersaBank says its VersaVault offers "absolute privacy" when announcing that crypto exchanges and funds can sign up to use the platform on Thursday.

BBVA Puts $150 Million Syndicated Loan on Ethereum Blockchain

| Yogita Khatri

Banking giant BBVA has completed a pilot that put a $150 million syndicated loan for Spain's electrical grid operator on the blockchain.

DTCC

15 Banks Join DTCC Post-Trade Blockchain as Project Enters Testing

| Ian Allison

The Depository Trust & Clearing Corporation is now testing its main blockchain project with 15 global banks, before taking the tech live in 2019. 

Firm Owned by India’s Richest Man Turns to Blockchain for Trade Finance

| Yogita Khatri

Reliance Industries – owned by India's richest person, Mukesh Ambani – has used blockchain to conduct its first trade finance transaction.

combination lock promise

Promise: A Startup Based on an Anonymous Paper Plans to Replace ACH

| David Floyd

With $47 trillion flowing through it every year, ACH is a juicy target for blockchain disruption. Can a new startup called Promise pull it off?

ConsenSys HQ

This New Ethereum Software Client Is Built With Enterprises in Mind

| Ian Allison

Unlike other enterprise versions of ethereum, ConsenSys' new Pantheon has a less-restrictive software license and uses Java as a programming language.

Ethereum’s Biggest Enterprise Group Is Releasing New Software Specs

| Ian Allison

The largest blockchain consortium has released its latest round of specifications – the next steps to harmonizing the way big companies use…