The Swiss Minister for Finance Ueli Maurer recently visited Israel along with State Secretary for International Financial Matters Joerg Gasser, citing their goal as gaining bank access to Israeli markets to allow Swiss banks to trade there.
Read MoreAnt Financial Services Group, the payments and financial services arm of Chinese e-commerce giant Alibaba, has launched a new suite of fintech products and services targeted at financial institutions and banks.
Read MoreWhile firms surveyed by PwC are jumping on the blockchain bandwagon, they identify trust as one the biggest blockers to the technology’s adoption.
Read MoreSingapore’s central bank is counting on blockchain, along with artificial intelligence, to serve as “fundamental” technologies that will help transform financial services, according to a senior official.
Read MoreGlobal banks and trading firms are launching the first blockchain-based platform for financing the trading of commodities from oil to wheat, they said in a joint statement on Wednesday. The platform will be run by a venture called komgo SA, based in Geneva, Switzerland, and is due to go live later this year.
Read MoreDespite all the grifting, thieving, speculation, and wild price swings youve heard about, bitcoin and other decentralized digital currencies are clearly here to stay. Boosters think cryptocurrencies and the distributed ledgers called blockchains they depend on will reinvent the financial system.
Read MoreFidelity Investments is cooking up more blockchain and cryptocurrency-related products and services, with a goal of rolling some of them out in the next few months, according to CEO Abigail Johnson.
Read MoreLG Uplus – a South Korean cellular carrier owned by the nation’s fourth largest conglomerate, LG Corporation – is launching a blockchain-based overseas payment service. Announced Sunday, the trial effort will see the company working with partners in Japan, Taiwan and the U.S.
Read MoreFinancial services giant Mastercard has invented a blockchain system that it believes can simplify business-to-business (B2B) transactions in a high-volume enterprise environment.
Read MoreAccording to a recent study, 9 percent of US undergraduates at universities throughout the globe polled had already taken a blockchain related class, and 26 percent intended to. The courses are there, but institutions struggle to keep up with the current demand for them.
Read MoreSatoshi Nakamoto invented the Bitcoin blockchain as a way for people to transact financially without the need for banks or governments. So it’s ironic that one of the world’s biggest boosters of blockchains-shared cryptographic ledgers inspired by the one that underlies Nakamoto’s invention-is the World Bank, which is owned by governments.
Read MoreJapanese telecoms giant Softbank Corp. has completed a blockchain proof-of-concept (PoC) that allows P2P mobile payments across different carriers.
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