Banking

    41 articles

    The banking system is the backbone of finance. Knowing how banks function and what their leaders think can hint at possible changes in assets' valuations.

    Saad Ullah Saad Ullah Banking
    5 years ago

    U.S. Federal Reserve has Opening for Retail Manager, Should Also Study Cryptocurrencies

    The United States Federal Reserve is looking for a manager for its Retail Payments department with proficiency in cryptocurrencies and digital monies.

    Image source: en.wikipedia.org
    Saad Ullah Saad Ullah Banking
    5 years ago

    German Banks Want Crypto Euro

    The collection of German banks have declared their wish to see a crypto Euro that would become the default digital payment currency within the EU.

    Image source: www.pexels.com
    Saad Ullah Saad Ullah Banking
    5 years ago

    60% of Banks Will Not Survive Next Crisis: McKinsey & Company

    Financial consultant McKinsey & Company warn that a significant portion of banking institutions will not be able to cope with a global recession.

    Image source: www.pexels.com
    Saad Ullah Saad Ullah Banking
    5 years ago

    Bahamas Working on a CBDC to Counter Natural Disasters

    Michael Jones pumps fuel into a customer’s car from a mobile tank he had especially shipped to Bahamas after Hurricane Dorian hit the island.

    Image source: www.pexels.com
    Saad Ullah Saad Ullah Banking
    5 years ago

    IBM and Tieto Contending for Developing Lithuania Central Bank Blockchain Ecosystem

    Lithuanian Central Bank, The Bank of Lithuania has singled out IBM and Tieto to develop its Decentralized Ledger Technology (DLT) based blockchain ecosystem.

    Saad Ullah Saad Ullah Banking
    5 years ago

    U.S. Fed Prints More Dollars in a Month than the Entire Market Capitalization of Bitcoin

    The United States Federal Reserve has printed and injected more than USD 210 billion into the economy since mid September.

    Image source: www.pexels.com
    Saad Ullah Saad Ullah Banking
    5 years ago

    South Korea to Shift Complete Trade Finance on Blockchain by 2021

    South Korean authorities have decided to employ blockchain in their national level trade finance.

    Image source: www.pexels.com
    Saad Ullah Saad Ullah Banking
    5 years ago

    Standard Chartered Runs Successful Joint Blockchain Finance Supply Chain

    Standard Chartered has just completed its first transaction related to blockchain based supply chain finance.

    Image source: www.pexels.com
    Saad Ullah Saad Ullah Banking
    5 years ago

    Chinese Central Bank, PBoC, Accelerates Development of National Cryptocurrency

    People’s Bank of China (PBoC) , the national bank, has urged government officials that a national digital cryptocurrency was the need of the hour.

    Image source: www.pexels.com
    Saad Ullah Saad Ullah Banking
    5 years ago

    HSBC Claims Blockchain Reduces Transaction Time by 40%

    Banking giant HSBC has said that it has successfully reduced transaction time using its blockchain based Voltron platform by 40%.

    Image source: www.pexels.com
    Saad Ullah Saad Ullah Banking
    5 years ago

    Cross Border Payments Through Ripple By Saudi British Bank (SABB)

    The Saudi British Bank (SABB) announced through a press release that it had launched a cross border payment system that is powered by Ripple.

    Image source: www.pexels.com
    Saad Ullah Saad Ullah Banking
    5 years ago

    JPMorgan Flexes its Blockchain Wings As It Plans to Widen Use of IIN

    JPMorgan Chase, the largest bank in the United States, has said that it is planning to expand and ad more features to its blockchain settlement ecosystem.

    Image source: www.pexels.com
    Saad Ullah Saad Ullah Banking
    5 years ago

    French Societe Generale Group Issued $112 million Worth Cover Bonds on Ethereum Blockchain

    Societe Generale Group, the French giant financial services firm, has issued about $112 million in bonds as a security token on Ethereum public blockchain.

    Image source: www.pexels.com
    Saad Ullah Saad Ullah Banking
    5 years ago

    MUFG, Fifth Largest Bank Globally, Decides to use Stablecoin By End of 2019

    Mitsubishi UFJ Financial Group (MUFG), fifth largest bank in the world, has announced that it will be using its own stablecoin before this year ends.

    Image source: unsplash.com
    Saad Ullah Saad Ullah Banking
    5 years ago

    Major Indian Bank Joins Ripple for Remittances

    A major private Indian commercial bank, the Federal Bank, announced that it had joined Ripple to speed up its cross border remittances.

    Image source: www.pexels.com
    Saad Ullah Saad Ullah Banking
    5 years ago

    HSBC SVP Says CFTC Should Make “Some Positive Words” for Blockchain

    Jesse Drennan, has urged CFTC to promote DLT such as blockchain in order to encourage adoption of the technology.

    Image source: www.pexels.com
    Saad Ullah Saad Ullah Banking
    5 years ago

    Saudi ATM Provider to Use Blockchain for Enhanced Security

    The Largest ATM service provider in Saudi Arabia has partnered with blockchain identity firm ShoCard for enhanced security of ATM transactions.

    Image source: www.pexels.com
    Saad Ullah Saad Ullah Banking
    5 years ago

    HSBC Performed USD 250 Billion in Forex Transaction Using Blockchain in 2018

    An astounding USD 250 billion have been settled through blockchain by HSBC, a press release in the Financial Times show.

    Image source: www.pexels.com
    Saad Ullah Saad Ullah Banking
    5 years ago

    Telenor Pakistan Starts Remittance Services Using AliPay’s Blockchain

    Telenor Pakistan has announced that it has launched remittance services to the country through blockchain technology of AliPay.

    Image source: www.pexels.com
    Saad Ullah Saad Ullah Banking
    5 years ago

    Stable Coin by Brazilian State Bank Ready for Launch in January

    Brazilian National Social Development Bank, a state owned bank is set to launch a stable coin in January.

    Image source: www.pexels.com
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