Gulf banks have lost the battle for remittances and could cede small-business payments to fintechs and blockchain networks, industry executives have said. Speaking at a closed-door roundtable in the ...

Blockchain has finally made its way into traditional banking. For years, major banks wrote it off as a risky tech trend linked to crypto speculation. But things have changed. From New York to ...

Regulations need to be scrutinized and security concerns in blockchain technology should be addressed by the Federal Reserve, ...

The Office of the Comptroller of the Currency issued an interpretive letter Tuesday giving banks permission to pay blockchain network fees on behalf of their customers and to hold a small inventory of ...

The latest tokenized asset effort at a large bank is Citi's Digital Depositary Receipts, which tokenizes shares in private ...

For years, banks have tip-toed around blockchain. They’ve explored pilots, commissioned research, partnered with fintechs, and debated tokenization strategies—all while waiting for regulators to ...

When people think of “blockchain” they often associate it with cryptocurrency. But in fact, crypto is just one facet of blockchain, which is designed to provide trustworthy and speedy financial and ...

JPMorgan has formed a partnership with six banks in India to develop a blockchain-based settlement system to facilitate interbank dollar transactions. The initial project will analyze the bank’s ...

Tassat, a fintech company focused on banking, announced the successful testing of its new Digital Interbank Network, a blockchain-based business-to-business payment network designed specifically to ...

Jose Fernandez da Ponte, Senior Vice President of Blockchain, Crypto, and Digital Currencies at PayPal, said blockchain technology will not fully replace traditional banking systems but will improve ...

LONDON (Reuters) - Japan's Mizuho Bank, Italy's UniCredit and Stockholm-based Nordea have joined a global consortium of banks led by financial tech firm R3 that is working on a framework for using ...