Here, the banking executive opined that the ‘phenomena’ of bitcoin or other virtual currencies and virtual transactions over a blockchain with virtual transfer of value between individuals and currenc... Read More
As a payment service provider, Openpay allows for card, cash and loyalty-points payments coupled with bank transfers over a single platform. The platform operates over Paynet, a wide network of POS (p... Read More
The London Bullion Association also plans to launch a gold trading platform and trade repository. Meanwhile, the London Metal Exchange will deploy gold spot and futures contracts in 2017.
The servi... Read More
The impact of the fiat cash squeeze has led to a significant increase in interest and subsequent adoption of bitcoin, as investors turn toward the cryptocurrency as a safe asset free from the shackles... Read More
A notable example of Hong Kong’s Fintech initiative was revealed earlier this month, when the HKMA and the UK’s Financial Conduct Authority (FCA), co-signed an agreement for cooperation between the tw... Read More
Barclays Joins CLS Blockchain Consortium in Search of Swift Alternative
Barclays has become the latest major financial institution to join the foreign exchange-focused blockchain consortium founded by cash settlement system provider CLS Group.
Revealed today, the Londo
Bitcoin is too risky to treat as a 'serious' investment, financial advisers say
Last spring, a man walked in to Dunston Financial Group in a jubilant mood. He told the firm's founder, Lynn Dunston, that he'd put all of his savings and retirement funds into cryptocurrency, the
HAZZA to Create the Global Unified Payment Network
The senior leadership of OCTO3, a Hong Kong based payment solution provider, announced the coming development of HAZZA, the world’s first global unified payment network.
“Our vision for HAZZA is to
China Construction Bank Partners IBM for Blockchain ‘Bancassurance’ Solution
China Construction Bank, the world’s second-largest bank by market capitalization, is working with IBM to develop and launch a blockchain-enabled bancassurance platform for its retail and commercial b