The Future of Banking: Banks Face Multiple Risks When Using Permissionless Blockchains – BIS
Banks that transact on permissionless blockchains face a multitude of risks, including money laundering and terrorism financing, according to a…
Category: Banking
Ripple’s Global Impact – Nium’s Partnership with J.P. Morgan: A Case Study in Cross-Border Payments
Nium, a leading fintech company specializing in cross-border payments, has achieved significant growth and expansion through its partnership with J.P.…
Bitcoin Dominates Crypto ETP Inflows as Cardano Shines: $245 Million Invested Last Week
Cryptocurrency investment products continue to attract capital, with another $245 million flowing into the market last week, according to the…
Shocking: Banker Admits to 15-Year Embezzlement Scheme Worth $2.3 Million, Faces 30 Years in Prison
A 36-year-old Missouri banker, Megan Lea Dougherty, has confessed to a 15-year-long fraud scheme that netted her over $2.3 million.…
HSBC Australia Cuts Ties with Crypto Exchanges Amid Scam Surge
HSBC Australia has announced it will block customer payments to cryptocurrency exchanges effective July 24. The bank cited a surge…
Widespread BSOD Issue Caused by CrowdStrike Update Disrupts Businesses Globally (banks, airlines, and broadcasters offline)
Thousands of businesses worldwide are experiencing a major disruption today due to a faulty update from cybersecurity company CrowdStrike. This…
UAE Leapfrogs Crypto Regulation: Stablecoin Rules Approved As Digital Dirham Surges Ahead
The United Arab Emirates (UAE) is making significant strides in embracing cryptocurrency innovation. In a recent meeting chaired by His…
Leading Banks Dive into Tokenization: Chainlink Exec Reveals Real-World Adoption is Already Happening
While the concept of tokenizing real-world assets (RWAs) might seem futuristic, Chainlink Labs’ Head of Business Development for Asia-Pacific and…
Capital One to Buy Discover in $35 Billion Deal, Shaking Up Credit Card Landscape
In a move that could reshape the American credit card landscape, Capital One Financial has announced its intention to acquire…