Global Risk Technologies CIO Appraises Blockchain Technology for Consumers and Merchants

Recently, the World Economic Forum predicted blockchain technology will “fundamentally alter the way financial institutions do business around the world” and will soon become “the beating heart” of the finance industry. Monica Eaton-Cardone, an...

Capgemini, Ascribe Alliance Brings Blockchain to Banking Loyalty Rewards Systems

Consulting, technology and outsourcing services provider, ascr has announced an alliance with ascribe GmbH to develop a blockchain database solution built on BigchainDB, for a rewards and loyalty system for consumer banking that tracks processed...

British MPs Cite “Blockchain Banks” Rise in Opposing Integration of BoE Regulatory Subsidiary

Opposition British Members of Parliament have pressed for removal of a clause in the Bank of England and Financial Services Bill that integrates the Prudential Regulation Authority into the Bank of England as a...

IBM, Crédit Mutuel Arkéa Complete Blockchain-Based Customer ID Project

IBM and Crédit Mutuel Arkéa have announced the completion of their first blockchain project to improve the bank’s ability to verify customer identity. The result of this pilot is an operational permissioned blockchain network...

Indian Banks Look at Blockchain Tech to Eliminate Back Office

Blockchain technology has become the focus of attention of some of the world's largest financial institutions with Indian banks being no exception. Banks such as Axis Bank Ltd. are vigorously looking at blockchain technology to...

Research Identifies Challenges for Blockchain Clearing and Settlement

TABB Group, a London-based financial markets research firm, has completed a report that highlights challenges for transforming market settlement to blockchain-based systems. TABB research concurs there are major technological incentives for moving markets to the blockchain, namely decentralizing...

Blockchain Inspector Founder Discusses Blockchain Fraud Detection Tool

Blockchain Inspector, based in the French commune of Angoulême, is an early stage startup aiming to use blockchain to combat fraud. In March, they signed a deal with their first customer, a London Bitcoin exchange,...

Subprime Auto Loans: Another Reason For Using Distributed Ledgers for Asset Backed Securities

“Lending bubbles usually look the same. Credit criteria is loosened. Verification standards are relaxed. The people selling the loans make money when the loans are booked, but do not suffer from losses when the...

IBM Commits to Blockchain Availability for Exchanges, Banks, Financial Services

IBM today announced a number of initiatives spanning technology and business consulting that significantly expand its blockchain technology services and solutions. These offerings include a blockchain-as-a-service for developers, IBM "Garages" for blockchain app design and implementation...

Blockchain Travel Competition and Investment Tool From Drachmae Travel

Drachmae Travel Club, an exclusive blockchain travel portal, is conducting a competition for travellers. The 'Bitcoin Altcoin and Blockchain Competition' requires participating travellers to record the travel details and expenses incurred during their trips...