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Venezuela Government Orders The National Bank To Accept Petro
5.7.2019
Nicolas Maduro, the Venezuelan president, has ordered the principal financial organization, Banco de Venezuela, to receive Petro (PTR), the virtual currency of the country. The news surfaced on 4th July on Tweeter. This is an aggressive step taken by the Maduro government to promote Cryptocurrency...
Bank of Japan: Cash Prevents Digital Currencies With Negative Interest
5.7.2019
Bank of Japan says digital currencies can’t be issued by banks hoping to push through a negative interest rate agenda
President Maduro Orders The Bank of Venezuela to Accept Petro Crypto
4.7.2019
Because of an order emitted by Venezuela’s President Nicolas Maduro, the country’s leading bank Banco de Venezuela will accept the Petro
Latin America’s Biggest Investment Bank to Sell $1 Billion in STOs Using Tezos
4.7.2019
Latin America’s largest investment bank, BTG Pactual, plans to co-sell over $1 billion worth of STOs based on the Tezos blockchain
Brazilian Bank Plans to Use Tezos Blockchain for STOs Worth $1 Billion
4.7.2019
BTG Pactual, Brazil's fifth largest bank, plans to utilize the Tezos blockchain for security token offerings potentially worth $1 billion
South Korea’s Shinhan Bank Is Cracking Down Harder on Anonymous Crypto Users
4.7.2019
New rules make it even harder to create anonymous crypto exchanges in South Korea
Tezos Surged on Investment Bank Partnership News
4.7.2019
Source: iStock/Cecilie_Arcurs
XTZ, the native token of the Tezos blockchain, jumped by 7% in the past 24 hours after the Tezos Foundation announced that it secured partnerships with two large players in the traditional finance space for use of the blockchain for security token offerings (STOs).
At...
Bitcoin Vs. Ripple: What Would You Bank Upon? Bitcoin’s Bigger Yields or Ripple’s Promising Future?
4.7.2019
Bitcoin and Ripple faced four huge price variations each in the last 5 days. Both the coins have bullish medium-term outlook. The volatility in the price of Bitcoin has pushed the attention of investors towards many other alternative coins. Bitcoin has moved from 8000 USD to 13,000 USD and fell...
Nordic Banking Behemoth Nordea Invests 5 Million Euros In Swedish Neobank P. F. C.
4.7.2019
Throughout the course of the history of the financial system, the latest innovations have managed to improve the entire system in a way that had not been envisaged and in that regard, Fintech is perhaps the latest example. Over the past five years, the Fintech industry has grown into...
Deutsche Bank’s Restructuring Costs Could Set It Back By $5.7 Billion
4.7.2019
Deutsche Bank used to be one of the biggest banks in the world, and after a while, it decided to enter the world of high finance by expanding aggressively into new markets in the United States, United Kingdom, and Asia. It seemed like a sound strategy for Germany’s biggest bank, but then the 2008...
IBM, Top Australian Banks to Pilot Blockchain for Retail Lease Bank Guarantees
4.7.2019
The blockchain pilot will digitize the bank guarantee process in an effort to tackle fraud and improve efficiency
Coinsquare, Just Cash Partnership Enables Non-Bank ATM Crypto Transactions
3.7.2019
The software upgrade can potentially be introduced to approximately 170,000 machines across America
IBM Launches Blockchain Pilot for Bank Guarantee Processes
3.7.2019
IBM has launched a blockchain pilot for bank guarantee processes with four Australian financial services firms
Technology Arms Race Hots Up As JP Morgan Commits To Investing in AI
3.7.2019
As anyone might have noticed, technology has totally changed the way banking operates nowadays and it is perhaps even more so when it comes to professional trading. Over the years, banks have created complex algorithms and software application in order to maximize the returns from their hedge...
Economist Joseph Stiglitz: Only a Fool Would Trust Facebook’s Libra
3.7.2019
“Every currency is based on trust, but only a fool would trust Facebook’s Libra” noted Nobel laureate in economics Joseph Stiglitz
3# SaaSkaři: Jaké jsou největší fuck-upy a poučení Fakturoidu, Air Bank, Roivenue či Leadpages
3.7.2019
Třetí setkání milovníků softwarového hazardu se uskutečnilo opět v úžasných prostorách firmy STRV. Na přednáškovém můstku se postupně ukázal kapitán Fakturoidu Jan Korbel, šéf vývoje Air Bank Germany Roman ‘Dagi’ Pichlík, CEO Roivenue Pavel Šíma a Co-Founder Leadpages Šimon Payne. Přibližně...
Christine Lagarde Nominated As Next President Of European Central Bank
3.7.2019
The European Central Bank and the International Monetary Fund are perhaps two of the most important institutions in the world, and hence, it does not come as a surprise that the former has tapped the latter’s chief for the top job. In a new development, it has emerged that the ECB has nominated...
Banking Giant Standard Chartered To Expand Digital Capabilities Once 5G Arrives
2.7.2019
Over the past few years, some of the biggest banks in the world have been prompted to strengthen their digital offerings in a big way and perhaps the biggest reason behind it lies in the emergence of Fintech companies. The Fintech companies have come up with a range of products and services that...
Russia’s Largest Bank Is Quitting Central Bank’s Blockchain Project
2.7.2019
Enterprise blockchain project Masterchain is falling short of expectations – and Russia's largest bank is quitting in frustration
Blockchains CEO Acquires Kirkwood Bank of Nevada for $28 million
2.7.2019
Blockchains CEO bought a bank, purportedly to serve the needs of blockchain businesses and to provide a regulatory sandbox for blockchain-based fintech products