Financial Services Industry
Financial Services Industry| News, how-tos, features, reviews, and videos
MIT's blockchain-based 'Spider' offers 4X faster cryptocurrency processing
The researchers are using a something similar to packet switching to more efficiently re-route crypto transactions – a move that could rival traditional banking.
Former U.S. regulator leads effort to create digital dollar
The project will explore how a cryptocurrency could produce a more efficient and safer means of cross-border trade, clearance and settlement.
Kadena launches a hybrid platform to connect public, private blockchains
The JP Morgan startup's blockchain braids together multiple interoperable chains via smart contracts over which users can transact business via cryptocurrency.
The race to integrate crypto into global banking is real
Public sector projects are driving greater interest to adopt fiat-backed cryptocurrencies by central and regional banks.
Coffee industry looks to blockchain to brew a better supply chain
The "Thank My Farmer" mobile app is only the first step in using IBM's blockchain to connect an entire coffee-industry ecosystem on a common data platform.
Amid privacy and security failures, digital IDs advance
Blockchain-based digital wallets could give owners control over their digital identity in a way that would eliminate the business silo systems of today.
Ripple announces $200 million in funding to grow uptake of XRP cryptocurrency
Ripple claims to now have more than 300 financial service firms as customers.
For IT pros, adding blockchain skills can pad your paycheck – by a lot
Beefing up on skills around blockchain development, management or engineering can earn techies some big bucks above their current salary.
HSBC’s plan to move $20B in assets to blockchain could be a watershed moment
The investment bank's trust of blockchain is likely to spur confidence in the nascent technology.
TD Ameritrade cuts email use by 30% after Slack rollout
With employees feeling bombarded by email, and important messages getting lost in the mix, TD Ameritrade execs decided to embrace Slack. Communications improved, and email use fell.
How blockchain will kill fake news (and four other predictions for 2020)
As blockchain gains credibility in the marketplace, it's being piloted for uses never before considered. But the nascent technology will need to mature, both technically and as a part of a more complete ecosystem, before seeing...
Security lessons from a Mac-only fintech company
Build America Mutual, a leading U.S. municipal bond insurer, is an all Apple shop. And even though macOS and iOS are generally secure, threats to the platforms continue to rise.
Facebook’s Libra co-creator: Social, financial data will remain separate
Facebook planned for regulatory pushback and competition from other crypto wallets, which is what has emerged.
Cryptocurrencies backed by cash could elude new regs
Stablecoins can include features that are typical of regulated securities, meaning they might be able to avoid new government oversight.
IBM, Intel, J.P. Morgan and Microsoft join others on new blockchain token spec
A business consortium led by the Enterprise Ethereum Alliance said their new blockchain-based token specification can create regulatory compliant digital currency for use in any number of scenarios.
Mastercard partners on blockchain-based food supply chain
Mastercard and Envisible's new blockchain-based supply chain will enable grocers and suppliers to not only track goods on the distributed ledger but for them as well.
Facebook won't launch cryptocurrency until U.S. regulators approve
Growing pressure from regulators prompted Facebook CEO Mark Zuckerberg to say his company will not back a global financial network based on a cryptocurrency without government okay.
HTC launches a cheaper blockchain phone
HTC is now selling the Exodus 1s, a blockchain-enabled smartphone that can natively store Bitcoin and other cryptocurrencies and costs less than half the price of its predecessor.
