China UnionPay, Bank of China partner to explore blockchain and big data
Aug 17, 2018 07:00 am UTC| Digital Currency Fintech
Bank of China (BOC), a leading state-owned commercial bank in China, is partnering with financial services corporation China UnionPay (CUP) to joint explore blockchain technology and big data for applications in payment...
Aug 16, 2018 09:54 am UTC| Digital Currency Fintech
BMO Capital Markets, the investment banking subsidiary of Canadian Bank of Montreal, is working on a blockchain pilot together with leading pension fund investor Ontario Teachers Pension Plan. The pilot involved...
American Association of Insurance Services taps IBM Blockchain to automate regulatory reporting
Aug 16, 2018 09:02 am UTC| Digital Currency Fintech
The American Association of Insurance Services (AAIS), a not-for-profit insurance advisory organization, has announced its collaboration with tech giant IBM to automate insurance regulatory reporting using blockchain...
How a Swiss bank was toppled by a financial scandal in Malaysia – and what can be learned from it
Aug 14, 2018 14:03 pm UTC| Insights & Views Fintech Law
The worlds biggest financial scandal, over missing billions from Malaysian state-run development fund 1MDB, has left the countrys former prime minister, Najib Razak, facing charges of corruption charges which he denies....
Centrale Bank van Curaçao en Sint Maarten, Bitt sign MOU to explore central bank digital currency
Aug 14, 2018 06:29 am UTC| Digital Currency Fintech
Barbados-based blockchain startup Bitt has signed a Memorandum of Understanding (MOU) with the Centrale Bank van Curaçao en Sint Maarten (CBCS) to explore the possibility of issuing central bank-issued digital...
FinCEN to launch cryptocurrency-focused exchange program
Aug 13, 2018 03:33 am UTC| Digital Currency Fintech
FinCEN, a bureau of the United States Department of the Treasury, is going to launch an exchange program focused on cryptocurrencies to help facilitate engagement with the industry. Speaking at the 2018 Chicago-Kent...
World Bank, CBA tap Ethereum for first blockchain bond transaction
Aug 10, 2018 04:35 am UTC| Digital Currency Fintech
The International Bank for Reconstruction and Development (IBRD), or the World Bank, has selected Commonwealth Bank of Australia (CBA) to issue a bond using distributed ledger technology (DLT). The World Bank issues...
There’s an extra $1 billion on the table for NT schools. This could change lives if spent well
Political donations rules are finally in the spotlight – here’s what the government should do