Banking

Banking

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Swiss Finance Watchdog Tells Banks to Treat Crypto Trading As High Risk

The Swiss Financial Market Supervisory Authority (FINMA) is giving tough guidance to banks wanting to trade in crypto assets, a report indicates.

Swiss flags

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Firm Owned by India's Richest Man Turns to Blockchain for Trade Finance

Reliance Industries – owned by India's richest person, Mukesh Ambani – has used blockchain to conduct its first trade finance transaction.

Mukesh Ambani

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Promise: A Startup Based on an Anonymous Paper Plans to Replace ACH

With $47 trillion flowing through it every year, ACH is a juicy target for blockchain disruption. Can a new startup called Promise pull it off?

combination lock promise

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This New Ethereum Software Client Is Built With Enterprises in Mind

Unlike other enterprise versions of ethereum, ConsenSys' new Pantheon has a less-restrictive software license and uses Java as a programming language.

ConsenSys HQ

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Ethereum's Biggest Enterprise Group Is Releasing New Software Specs

The largest blockchain consortium has released its latest round of specifications – the next steps to harmonizing the way big companies use ethereum.

circle

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Nine Japanese Banks to Trial Blockchain Settlement Using Fujitsu Tech

Nine Japanese banks are teaming up to trial a blockchain-based inter-bank settlement system using Fujitsu technology.

Fujitsu

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Crypto Payments Startup Uphold Launches Lending Products

Crypto payments startup Uphold is launching Earn and Borrow in collaboration with lending platform Cred.

upholdearnborrow

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Accenture Tech Now Connects Corda, Fabric, DA and Quorum Blockchains

Accenture says its new "interoperability node" can connect the four big enterprise platforms: Hyperledger Fabric, R3 Corda, Quorum and Digital Asset.

cables

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ING Bank Launches Zero-Knowledge Tech for Blockchain Privacy

ING Bank has continued further down the road of advanced blockchain privacy with the release of its Zero-Knowledge Set Membership (ZKSM) solution.

decryption, enigma

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What China's Cashless Revolution Can Teach the West About Crypto

China appears to have achieved the crypto community's dream of a new internet of value, without blockchain. But there's more than meets than eye here.

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