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How Blockchain Can Help Banks to Overcome Hurdles by Using DLT?


One of the most discussed topics today in the financial sector is blockchain banking. Besides, if it is fully utilized, it will empower banks to process the payments all the more rapidly and precisely by reducing the exchange processing costs and can be used in a lot of special cases. Blockchain...

STACS Bags Banking Veteran as the New Head of Business Development


STACS (Securities Trading Asset Clearing & Settlement), the Singapore-based enterprise blockchain development firm, has confirmed hiring banking expert, David Teo, as their Business Development lead. Jay Ng, the Managing Director of STACS, stated: We are working on a few important blockchain...

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...

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