EBA assesses impact of fintech and associated risks and opportunities in new reports
Jul 04, 2018 09:09 am UTC| Fintech
The European Banking Authority (EBA) has published two reports on financial technology (FinTech) in order to raise awareness on the potential prudential risks and opportunities from current and potential FinTech...
SEC alleges two individuals for unlawful trading ‘UBI Blockchain’ Stock sales
Jul 03, 2018 08:21 am UTC| Research & Analysis Fintech Insights & Views
The Securities and Exchange Commission (SEC) has alleged two individuals. An attorney and a law firm business manager, who are Nevada residents, are charged by the United States Securities and Exchange Commission for their...
European banks execute first live trade transactions on we.trade blockchain platform
Jul 03, 2018 06:03 am UTC| Digital Currency Fintech
Blockchain consortium we.trade has announced that the first live trade transactions have been conducted on its platform. Officially launched in October 2017, we.trade is an initiative by a group of banks including...
Jun 29, 2018 09:06 am UTC| Research & Analysis Digital Currency Insights & Views Fintech Commentary
The PwC Strategy in collaboration with the Crypto Valley Association (CVA), a not-for-profit established to foster the growth of the blockchain ecosystem in Switzerland, has published the June 2018 edition of their...
39 firms complete KYC trial on R3’s Corda blockchain platform
Jun 29, 2018 03:28 am UTC| Digital Currency Fintech
A number of member firms of the R3 blockchain consortium have recently completed a Know Your Customer (KYC) trial. During the four-day collaborative trial, 39 firms, including the likes of BNP Paribas, ABN AMRO, and...
Central bank digital currencies could pave the way for more stable financial system: EU report
Jun 28, 2018 09:10 am UTC| Digital Currency Fintech
In a new report, the European Parliaments Economic and Monetary Affairs Committee has stated that central bank digital currencies (CBDCs) could lead to a more stable financial system. According to the report,...
India’s Kotak Mahindra Bank joins Ripple’s blockchain network
Jun 28, 2018 03:34 am UTC| Digital Currency Fintech
India-based Kotak Mahindra Bank is the latest financial institution to join RippleNet, Ripples enterprise blockchain network. Kotak will use Ripples settlement solution, xCurrent, to provide its customers with real-time...