• Market Cap: $266b

  • Aug 15, 2022

Hitachi, State Bank of India Team Up To Create A Digital Payment Platform

Hitachi Payments is setting up a Joint Venture with the State Bank of India to help accelerate digital payments in India.

Over 75 Banks Now A Part of JP Morgan’s Blockchain Payments Trial

Over 75 banks have now become a part of JP Morgan’s Interbank Information Network (IIN). IIN is a cross-border payments product being tested by JP Morgan

Blockchain in Banking - An In-depth report on Applications, Challenges and Practical Use Cases

A detailed report about how blockchain technology can be used in banking and what are the challenges of using blockchain in banking with practical use cases.

Bitcoin Transactions Up to 6000x Cheaper Than Bank of America Fees

Bank of America charges up to 6000 times more than a regular Bitcoin transaction when the same amount of money is considered.

Cryptocurrency Trading Desk No Longer a Priority for Goldman Sachs

It now appears that the company is slowly backing out of the crypto markets, as reports are now claiming that it has put these plans on an indefinite hold.

Blockchain in Banking: How Implementing Blockchain Technology Can Help Banks Reduce Costs

Banks can benefit from a proper implementation of the blockchain tech: Here's a look at multiple studies which show how blockchain in banking can help banks.

Hypothekarbank Lenzburg Becomes First Swiss Bank To Offer Accounts to Crypto Businesses

Hypothekarbank Lenzburg is the first bank in Switzerland to open up to the cryptocurrency businesses - allowing them to set up their bank accounts with them. 

Cryptocurrency Giant Coinbase Plans to Acquire a Federal Banking License

Coinbase has reportedly been in talks with the US Office of the Comptroller of Currency (OCC) and it intends to apply for a federal banking license soon.

Japan’s Mitsubishi UFJ Financial Group to Launch 'MUFG Coin' By 2019

Japan’s Mitsubishi UFJ Financial Group (MUFG) has announced that they are planning to launch their own cryptocurrency, the MUFG Coin, by 2019. 

HSBC Successfully Completes World’s First Trade-Finance Deal on a Single Blockchain

HSBC successfully completed a trade-finance deal using a single blockchain system! The transaction took place between HSBC and ING, which was made for Cargill.