How to fight the fraud crisis through blockchain and self-sovereign identity
By John Ainsworth
The headlines keep coming with alarming frequency as are the bank alarms themselves: Earlier this month, HSBC acknowledged that the data of...
Executive Claims That The Ongoing Chinese Fintech Revolution Could Potentially Be A ‘Big Risk’...
By Shiraz
With the number of fintech companies setting up base in China increasing with each passing day, many business analysts have started to become worried about how...
Blockchain tech will not push fiat currencies aside anytime soon
By NASTASSIA ARENDSE
Wide adoption of blockchain technology for a cryptocurrency payments system is intriguing but decades away, says the Reserve Bank.
This effectively means SA’s...
Forget Bitcoin, this is How China Plans to Dominate the $102 Trillion Blockchain Space
By Dalmas Ngetich
No doubt, blockchain is spawning a new movement that is disruptive to traditional tech companies. The new age of blockchain is what crypto...
Blockchain Platform Backed by Oil and Banking Giants Goes Live
By Anatol Antonovici
UK-based blockchain venture VAKT launched its commodity trading platform this Wednesday, shareholder Gunvor Group told Reuters. Currently, the platform focuses on oil trading, allowing companies that physically...
When central banks will have to issue its own cryptocurrency?
By Kedavra Lestrange
Central banks all around the world release their own cryptocurrencies. Bank of England strongly believes that cryptographic technologies can significantly benefit the financial...
Bank of Japan Deputy Governor Downplays Cryptocurrency Plans
Masayoshi Amamiya, Bank of Japan’s Deputy Governor, stated on Saturday that it was unclear whether digital currencies could enhance the monetary policies of central...
Increased Acceptance of Cryptocurrencies in Banking and Finance Sectors
The future of cryptocurrencies in the mainstream banking and finance sectors looks brighter than ever. Two startup financial companies in Switzerland and Germany are...
VISA partners with IBM for B2B Connect blockchain payments
BPayy Nicky Morris
Since 2016, Visa has been working on its distributed ledger platform for business payments called Visa B2B Connect. It plans to launch the system next...
Look Inside Switzerland’s Plans To Bank Crypto Businesses
The global regulatory framework of cryptocurrencies and blockchain remains either fragmented, vague or simply nonexistent. However, Swiss officials recently took steps to get ahead...
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How the financial industry is affected by AI and ML
Five banking areas have been disrupted by AI.
Chatbots improve the customer experience.
AI can detect fraud before it happens.
AI can predict...
CapitalBay to launch P2P Financing Platform that Provides Supply Chain Financing to Businesses
CapitalBay Receives Approval to Operate P2P Financing Platform
KUALA LUMPUR, 17 May - CapitalBay, an award-winning Malaysian multi-bank supply chain finance platform has received...
Top Banks ‘Investing $50 Million’ to Build Blockchain Settlement System
Yogita Khatri
Some of the world’s biggest banks are said to be investing around $50 million to build a blockchain-based digital cash settlement system.
A Reuters report on...