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Nalezeno "AI in banking": 2164

Spain’s Second-Largest Bank Will Soon Launch Crypto Services: Sources

7.12.2020
BBVA is poised to enter the cryptocurrency trading and custody space, according to two people familiar with the plans

Top US Banking Regulator Reveals Positive Cryptocurrency Regulation Coming in Weeks

6.12.2020
The top U.S. banking regulator has confirmed that positive cryptocurrency regulation is coming in a matter of weeks, by the end of the Trump term. “It’s going to work for everybody,” said the regulator, adding that the new regulation will “make it easier for crypto investors...

Facebook’s Diem stablecoin is an existential threat to traditional banking

5.12.2020
Stablecoins are an integral part of the future of the financial system. And Facebook’s Diem, formerly Libra, is part of that future

Unbanked Hong Kong Chief Carrie Lam: “I Have Piles of Cash at Home”

4.12.2020
Hong Kong Chief Executive Carrie Lam says she is currently unbanked and keeps piles of cash stashed at her home courtesy of US sanctions. Alongside 14 Chinese and Hong Kong officials, Lam has been slapped with punitive measures that effectively cut her off from the banking system. The US government...

New Draft U.S. Law Will Make It Illegal To Issue Stablecoins Without Federal Reserve Approval

4.12.2020
Three U.S. lawmakers have introduced a bill that will force private stablecoin issuers to obtain a banking charter (or license) and approval from the Federal Reserve before they can issue a stablecoin. Instigated by Rep. Rashida Tlaib, with support from Reps. Jesús García and Stephen...

Equity Strategist Says Crypto Has a Place in Portfolios, Bitcoin Price to Reach $50,000 in 2021

4.12.2020
An equity and derivatives strategist with a global financial services firm specializing in institutional trading believes that bitcoin has a place in investment portfolios. He has a price target for bitcoin of $50,000 in 2021. Bitcoin Has a Place in Investors’ Portfolios BTIG is a global...

OCC works to win back House Democrats, still miffed at leader's focus on crypto

3.12.2020
Acting Comptroller Brian Brooks continues his work to reach across the aisle with pledges from major players to support minority-owned banks

Stripe will offer bank accounts, with help from Goldman Sachs and Citi

3.12.2020
But only for vendors, so retail users will have to wait

Russia’s Alfa-Bank offers blockchain platform for freelancers

1.12.2020
Tutors, taxi drivers and repairmen will be able to take advantage of Alfa-Bank's blockchain-based services

Banking Giant Sberbank May Launch Token, Digital Asset Trading Platform

1.12.2020
Source: iStock/-lvinst- Leading Russian lender Sberbank has hinted that it is on the verge of issuing its own cryptoasset and will seek to launch a blockchain-based platform that will enable its customers to buy digital financial assets. The token will be named Sbercoin, and Herman Gref, President...

Bank of Russia Fields Banking Industry Concerns Over Digital Ruble Proposal

27.11.2020
Russian banks fear being left out of the central bank's proposed digital currency system, according to a report

Former Microsoft Engineer Says Nigerian Expatriates Are Using Bitcoin to Circumvent Country’s Overvalued Exchange Rate

26.11.2020
A former Microsoft software engineer and co-founder of Buycoins Africa Tomiwa Lasebikan says some Nigerians expatriates are now using bitcoin to circumvent the country’s overvalued exchange rate when sending remittances. According to Lasebikan, the Central Bank of Nigeria (CBN)’s fixed...

South Korea’s Banking Giant to Co-create ‘Crypto Bank’ for Exchanges

26.11.2020
South Korean banks are rapidly stepping up their crypto game, with Kookmin (KB), one of the biggest commercial banks in the country, co-creating a “digital asset management company” with a number of the nation’s leading blockchain players that will safeguard the bitcoin (BTC) holdings of corporate...

Remitano Makes Cross-Border Money Transfer Much Easier With New “Cash-Out” Feature

24.11.2020
PRESS RELEASE. To simplify banking and meet its users’ Remittance needs across the globe, Remitano, a global escrow-marketplace, has just launched a smart, free, and safe approach for cross-border money transfers. This system will allow users to send and receive money from other countries...