Banking

Points (PTS), a blockchain data collaboration protocol for better credit scoring and inclusive finance, has announced $8 million in funding from traditional and blockchain venture capital including DHVC, Cherubic Ventures, Ce Yuan, Ontology Foundation, Nest.Bio Ventures, and Zhong Cheng Xin Credit Technology. In an effort to make credit accessible to...

London, UK: Bank4YOU Group will launch an ICO campaign in last week of October in order to accelerate the goal of scaling its service rollout across Africa, Asia, and Latin America. An indicative estimate for the total funding requirement is $50 million, which can be used to support the company’s...

In a global hackathon devoted to the banking industry of South Korea, the JB Financial Group, 2e & TESOBE/Open Bank Project have announced the BiSang hackathon aimed at global start-ups, developers and individuals. The intention of the hackathon is to find new partners to collaborate with JBFG in providing innovative...

CGI has announced its implementation of the Ripple Validator Node. Ripple validators are servers that confirm Ripple's distributed financial technology transactions on the network. The CGI-hosted Ripple Validator Node provides banking clients with a trusted network partner for Ripple's distributed financial technology that settles international and domestic transactions in real-time....

Global provider of financial settlement solutions, Ripple has announced that a number of global banks are combining to establish the first interbank group for global payments based on blockchain technology. Bank of America Merrill Lynch, Santander, UniCredit, Standard Chartered, Westpac Banking Corporation, and Royal Bank of Canada are the founding...

BNP Paribas hosted its first Blockchain Bizhackathon for the Americas platform in New York on the 7th and 8th of September. During the event participants explored how the technology can advance the consumer/ client experience and improve the efficiency of the services offered in different areas of BNP Paribas' CIB...

Ukrainian-based Minex, a platform which aims to solve issues faced by the investment sector, has opened subscription of its MineCoin cryptocurrency. The Minex platform uses blockchain technology to protect investments by eliminating the risk of outside influence and data loss. Minex contains a system of investments, payments, distributed trade registries...

Blockchain consultancy firm Razormind has announced a €5 million plan to build and operate two blockchain banks in Europe, each completely powered blockchain technology. The facilities, located in Northern Ireland and France, will run Razormind’s blockchain services for mobile payment including Deposit/Withdrawal, Local Payment, Bitcoin and DeOS access for customers...