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Nalezeno "Institution": 288

Prime Trust: A Technology-driven Financial Institution


The concept of financial inclusion has been getting a lot of importance of late. In an ideal world, everybody must have access to a reliable ecosystem of Financial Services and to realize this dream, many institutions are propping up in the domain of financial assets management. Out of all these...

Kerala Outlines Plans to Become India’s Blockchain Hub


The Indian state of Kerala is actively exploring using blockchain technology to improve a wide range of existing systems, including financial. Thousands of people are already being trained in the state to become blockchain experts, some of whom have already graduated, according to the state’s...

Another Bank Run Highlights China’s Brewing Financial Crisis


A regional lender has become the latest victim of the growing liquidity crunch in the world’s most populous country. Yingkou Coastal Bank, operating in the northeastern Chinese province of Liaoning, is the second institution within less than a month to see its financial stability threatened...

Medibloc Signs 12th Medical Institution MoU With Woorisoa Medical Foundation


According to the official Medium blog post, MediBloc and Woorisoa Medical Foundation have signed a Memorandum of Understanding (MoU) on October 4 this year for healthcare platform development. While MediBloc is a reputed name in the healthcare blockchain sector globally, Woorisoa Medical Foundation...

Danske Bank Caught Using Gold Bullion to Launder Illicit Funds


The Danish financial institution Danske Bank has been embroiled in a massive money-laundering scandal associated with an Estonian branch that allegedly laundered $223 billion in an eight-year period. According to documents uncovered this week stemming from 2012, Danske Bank’s Estonian branch...

Another Chinese Lender Bailed Out After Bank Run


Yichuan Rural Commercial Bank, a lender operating in the central Henan province, has become the latest Chinese bank to be bailed out by the government this year. The small financial institution, which has around 30 branches only in the Yichuan county, experienced a bank run sparked by rumors that...

Dutch National Bank Says Gold Can Re-Start Economy in Case of Total Collapse


An article found on the De Nederlandsche Bank (DNB) website has surprised many in the crypto space, with its bold claim that “If the entire system collapses, the gold stock provides a collateral to start over.” While proclamations of this nature are nothing new, it is strange to see...

Banking Giant HSBC Set to Fire 10,000 More Employees


The banking sector continues to suffer drastic layoffs as the global economic outlook remains uncertain. The latest financial institution reported to be set for cutting a massive amount of workers is HSBC, which has already announced firing thousands of people just a few weeks ago. Also Read:...

German Bank Predicts BTC at $90,000 After Next Halving


You wouldn’t expect a traditional financial institution to come up with a very optimistic forecast about the future of a cryptocurrency or an honest appraisal of its design. But Bayern LB, a lender based in the rich German province of Bavaria, has surprised the crypto community. In a recently...

Swiss Banks Team With Fintechs to Enter the Crypto Space


Multiple joint projects between banks and crypto companies based in Switzerland now offer customers the opportunity to invest in digital assets and take advantage of banking services related to cryptocurrencies. It’s all happening in a regulated environment, generally friendly towards...

The World Bank’s Blockchain Bond Is Just a Fancy Way of Selling Debt


Last year the World Bank and the Commonwealth Bank of Australia announced a permissioned Ethereum-based blockchain to facilitate the end-to-end issuance of bonds between financial partners. The Bretton Woods-created financial institution hopes to make debt capital markets far more efficient with...

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