Banks
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Banking
Sberbank and Interros Group Conclude Blockchain-Based Foreign Exchange Repo Deal
[ad_1] Sberbank and Interros Group have carried out an over-the-counter OTC foreign exchange repurchase agreement (repo) transaction employing smart contracts…
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Banks
German Federal Economic Ministry Wants to Combat Tax Fraud with Blockchain
[ad_1] The German Federal Ministry for Economic Affairs and Energy (BMWi) is planning to fight tax evasion schemes by using…
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Adoption
SWIFT India Partners With Fintech Firm for Blockchain Pilot
[ad_1] SWIFT India has partnered with fintech firm MonetaGo to pilot a distributed ledger (DLT) network designed to improve the…
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Adoption
Insurance Giant Ping An Subsidiary to Create Boutique Bank Supported by Blockchain
[ad_1] Ping An Bank, a subsidiary of China’s Ping An Insurance Group, will launch a boutique bank using blockchain, cloud…
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Banks
Sberbank CEO Says Industrial Scale Blockchain Adoption Is 1-2 Years Away
[ad_1] The head of major state-owned Russian bank Sberbank has forecast that blockchain adoption will happen on an industrial scale…
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Banks
Raiffeisen Bank, Gazprom Partner to Issue Bank Guarantee on Blockchain
[ad_1] The Russian subsidiary of Raiffeisen Bank International has partnered with local state-owned oil giant Gazprom Neft to issue a…
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Banks
Drug Barons, Rogue States and Terror Groups Use Banks – Can Blockchain Stop Them?
[ad_1] Scathing reports by regulators have accused traditional banks of inadvertently helping “drug kingpins and rogue nations” – enabling…
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Altcoin
Swiss Financial Watchdog Recommends Banks Set Crypto Risk Coverage at 800%
[ad_1] The Swiss Financial Market Supervisory Authority FINMA has advised banks and other financial institutions to estimate risk coverage for…
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Banks
IT Firm Fujitsu Builds Blockchain Settlement Trial Infrastructure for Nine Japanese Banks
[ad_1] Japanese multinational IT equipment and services company Fujitsu will build an interbank settlement platform using blockchain technology as part…
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