Allianz, Deutsche Bank, Auto1 team up to bring blockchain to car financing
Jun 08, 2018 09:56 am UTC| Digital Currency Fintech
Deutsche Bank and Allianz have joined forces with German car exchange Auto1 to offer blockchain-based auto financing services, according to CoinTelegraph. The collaboration has set up a new company, Auto1 Fintech, of...
Bank of Thailand to develop digital currency for interbank settlement
Jun 07, 2018 11:32 am UTC| Digital Currency Fintech
The Bank of Thailand (BoT) has announced a new project aimed at developing central bank digital currency (CBDC) to facilitate interbank settlement. Speaking at an event in Singapore, BoT governor Veerathai Santiprabhob...
UK-based fintech startup Revolut partners with QIWI to offer services in Russia
Jun 07, 2018 05:57 am UTC| Fintech
Russian payment services provider QIWI is partnering with UK-based fintech company Revolut and announced the launch of Revolut services in Russia. Under the partnership, QIWI granted Revolut access to its banking...
Pros and Cons: What Fidelity Investments’ cryptocurrency offering would entail?
Jun 07, 2018 05:14 am UTC| Digital Currency Fintech
Financial services giant Fidelity Investments is planning to enter the cryptocurrency ecosystem, according to a report from Business Insider. Internal job postings from the company have revealed that Fidelity is on a...
SARB accomplishes pilot project on JP Morgan’s Ethereum-based Blockchain
Jun 06, 2018 14:18 pm UTC| Research & Analysis Central Banks Fintech Insights & Views
Lets refresh our memories on a few critics, a few months ago JP Morgan chief, Mr. Jammie Dimon, has long been an ardent critic of bitcoin. In an interview with Fox Business, Mr. Dimon said that he trusts blockchain as a...
Jun 05, 2018 15:04 pm UTC| Research & Analysis Digital Currency Fintech Insights & Views Commentary
The Securities and Exchange Commission today announced that Valerie A. Szczepanik has been designated as the Associate Director of the Division of Corporation Finance and Senior Advisor for Digital Assets and Innovation...
Apple Co-Founder Steve Wozniak urges for ‘Bitcoin As Globally Accepted Currency’
Jun 05, 2018 08:36 am UTC| Research & Analysis Digital Currency Insights & Views Fintech Commentary
Apple co-founder Steve Wozniak doesnt seem to be convinced that bitcoin would supersede national currencies to become a de facto global currency, but he says that he hopes this will one day be the case. He said to CNBC...
India’s Investment Upgrade: A Historic Milestone for the "High-Quality EM" Narrative