Search Results for "banks"
A group of nine banks has invested $45 million in Carbonplace
The independent UK Carbonplace organization will start later this year under CEO Scott Eaton.
Financial Stability on The Brink of Instability Due to Bigtech Companies
FSB Worries that the development of BigTech Companies and their growing user community may cause the disintegration of banks amongst other mainstream financial systems.
Silvergate Capital Corp. is the second-most-shorted stock
Silvergate Capital Corp., a crypto bank, has seen its shares fall 87% in the last year, but speculators believe it has further downside.
Singapore Regulators and Banks Develop Crypto Customer Screening Standards
Singapore's monetary authority and police forces are collaborating with traditional banks to optimize their procedures for opening accounts for digital asset service providers. After six months, results and conclusions for risk management and due diligence will be published. The guidelines will cover stablecoins, NFTs, and transferable gaming or streaming credits, with banks reserving the right to make decisions based on their own risk assessment.
The Fed Rejects Custodia Bank's Membership Application
The Fed rejected cryptocurrency-focused Custodia Bank membership again, citing "sound banking operations."
Green Bay Fintech Firm Sequoir Developing Crypto Technology to Fill ‘Capability Gap’ for Banks
Sequoir envisions cryptocurrency trades and payments will be done using bank apps.
US Banking Crisis Fuels Regulation Debate
The recent fall of major banks in the US has reignited discussions about the most effective ways to safeguard the economy. Economist Peter Schiff argues that increasing banking regulations could contribute to a worsening economic crisis, while a group of economists warns that nearly 190 US banks are at risk of depositor-driven collapse due to monetary policies.
Ripple Anticipates U.S. Banks to Adopt XRP Following Partial SEC Case Victory
Ripple expects U.S. banks to adopt its XRP for cross-border payments following a ruling that it's not necessarily a security.
Global Microfinance Market Projected to Reach $506 Billion by 2030
The global microfinance market, valued at $200 billion in 2022, is expected to grow to $506 billion by 2030, according to a new report by ResearchAndMarkets.com. The market is set to expand at a CAGR of 12.3% from 2022 to 2030. Microenterprises are identified as a vital growth driver for Microfinance Institutions (MFIs). The report also highlights the role of emerging technologies like AI and blockchain in shaping the industry.
eRupee Offline Wallets 2025: Supported Banks, Transaction Limits & Data-Free Payments
Discover eRupee offline wallets for 2025—supported banks, limits, and secure digital payments in India without data access.
National Bank of Georgia Considers Launching Its Own Central Bank Digital Currency
The National Bank of Georgia believes that the CBDCs have become essential for the financial ecosystem to improve financial inclusion and enhance domestic payment systems.
CipherTrace Unveils New Compliance Software For Banks Against Illicit Crypto Transactions
CipherTrace launches Armada to fix the blind spot in cryptocurrency compliance