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Fintech not Big Tech: Square is a Greater Threat to Banks than Google and Amazon

Fintech not Big Tech: Square is a Greater Threat to Banks than Google and Amazon

A recent survey of 300 senior executives at US-based mid-sized financial institutions found that more than half of bank and credit union executives view Big Tech companies like Amazon and Google as significant threats to the banking industry. Meanwhile only a third believe financial technology (fintech) firms will be a threat in the future, but are they sleeping on Square, Jack Dorsey’s financial technology venture whose stock price recently recorded a 20 month high.

R3's Marco Polo Network Welcomes First Indian Corporate as Asia Serves as a Key Area of Growth

R3's Marco Polo Network Welcomes First Indian Corporate as Asia Serves as a Key Area of Growth

The Marco Polo Network announced on Thursday that India’s leading provider of digital transformation, Tech Mahindra became the first corporate in India to join the R3’s open-source blockchain-based Marco Polo Network for facilitating cross-border transactions.

Oracle Confirms Partnership with TikTok, President Trump Still Needs to Approve Deal

Oracle Confirms Partnership with TikTok, President Trump Still Needs to Approve Deal

Oracle, the tech company that was said to have acquired TikTok’s US operations, has finally commented on the partnership and confirmed it.

Tech Mahindra Leverages IBM Blockchain For New Entertainment Royalties Platform

Tech Mahindra Leverages IBM Blockchain For New Entertainment Royalties Platform

Indian multinational tech company, Tech Mahindra has announced the launch of a blockchain-based platform aimed at preserving the rights of video content generated by content creators and producers.

French-Austrian Collaboration on Blockchain Forensics Instrument to Enhance Cryptocurrency AML

French-Austrian Collaboration on Blockchain Forensics Instrument to Enhance Cryptocurrency AML

The French cybersecurity firm Nigma Conseil and the Austrian Institute of Technology (AIT) have announced a partnership aimed to create a new blockchain forensics instrument.

Wirex Moves on From Defunct Wirecard, Secures New Partnership with Railsbank

Wirex Moves on From Defunct Wirecard, Secures New Partnership with Railsbank

Crypto service provider Wirex has moved on from Wirecard,. The company has secured a new partnership with Railsbank

Tencent Cloud Tech to Support Blockchain Digital Records for Travel Amid COVID-19

Tencent Cloud Tech to Support Blockchain Digital Records for Travel Amid COVID-19

Tencent Holdings has joined hands with blockchain firm ShareRing to deploy a blockchain-powered digital document and identity management solution.

India IT Tech Firm Partners with Local Government to Introduce Blockchain Acceleration

India IT Tech Firm Partners with Local Government to Introduce Blockchain Acceleration

Huge development talks originating from Pune City, shows that India IT services firm Tech Mahindra recently introduced the T-block Accelerator, the maiden accelerator program for the Telangana Blockchain District in partnership with the state government and IBC Media, an innovative management company.

IBM and R3 to Scale Up Hybrid Cloud with Blockchain Capabilities

IBM and R3 to Scale Up Hybrid Cloud with Blockchain Capabilities

Tech giant IBM has teamed up with R3, an enterprise software company, to boost the hybrid cloud with blockchain capabilities.

Malaysia’s Largest Bank Signs Blockchain Partnership for Remittance

Malaysia’s Largest Bank Signs Blockchain Partnership for Remittance

The largest bank in Malaysia Maybank partnered with the National Bank of Cambodia to sign MoU for cross-border remittance using NBC’s blockchain-based Bakong payment system.

UK Tech Companies Partner to Develop Blockchain-Based Parcel Tracking Application

UK Tech Companies Partner to Develop Blockchain-Based Parcel Tracking Application

Triad, a notable UK provider of IT consultancy services and technology solutions, has partnered with Stratis, a London-based enterprise blockchain technology company, for blockchain-enabled solutions to organizations including a parcel tracking application.

Volvo Cars Invests in London-based Blockchain Firm to Reduce Carbon Dioxide Footprint

Volvo Cars Invests in London-based Blockchain Firm to Reduce Carbon Dioxide Footprint

Volvo Cars, a leading Swedish car manufacturer, has invested in Circulor, a London-based blockchain company majoring in industrial supply chains. It sealed the deal through its venture capital investment arm called the Volvo Cars Tech Fund.

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