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The Bank of Google Wants Your Spending Data
16.11.2019
The multinational technology giant Google has plans to get into the banking industry according to multiple reports that reveal the firm intends to work with Stanford Federal Credit Union and Citigroup. However, analysts assert that Google is not jumping into banking for revenue purposes and...
ODL Will Improve People’s Attitude Towards Banks, Says Interbank’s Peruvian Emerging Technologies Head
7.11.2019
Ripple’s Swell 2019 has begun in Singapore, and the news coming from the convention seems to be exciting, to say the least. CEO Brad Garlinghouse revealed that RippleNet has crossed over 300 clients, almost entirely from the financial sector. The ongoing event is attended by various leaders...
HSBC Issues First Letter of Credit on a Live Blockchain in Malaysia, Involves Firm Importing Resins
16.10.2019
The list of use cases of blockchain just got bigger as banking giant HSBC has issued a Letter of Credit on a live blockchain. The transaction involves a company called Simply Packaging for importing resin from a Singaporean company. The European bank’s Malaysian arm was the issuing party, while...
Paytm owner One97 in Discussions to Acquire Stake in Yes Bank
10.9.2019
There was a time when Yes Bank was one of the shining lights of the dynamic private banking sector, but over the past year or so the bank has lurched from one crisis to another. During this period, its stock price has plunged significantly as well and hence; it has gone for a range of …
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Signzy Teams Up With Primechain Technologies To Launch AI-Based Smart Banking Solution
6.9.2019
Bengaluru-based leading fintech startup firm, Signzy has announced its collaboration with a reputed global Blockchain company, Primechain Technologies. The highly-anticipated partnership will work to frame out an AI-centered smart banking solution to cater to the requirements of the banking...
India Announces Multiple Mega-Mergers of State-Owned Banks in Latest Attempt to Spur Growth
31.8.2019
India is one of the handfuls of nations in which publicly owned banks still make up the major chunk of the financial system and while it has its merits, it has its demerits as well. In recent years, some of the biggest public sector banks in the country have been encircled with bad loans...
Three of The Biggest Banks In Ireland Using Blockchain Technology For Verifying Staff Credentials
30.5.2019
Ireland has been one of the leading European nations in terms of blockchain innovation. It is often touted as the blockchain capital of the European Union. Various aspects of the distributed ledger have been implemented in the Irish land, especially since the talks on Brexit began a couple of years...