Blockchain

Startup investment bank seeks to become one-stop shop for crypto

03/04/19

Fincross, based on the island of Mauritius, is launching a regulated investment bank for digital assets. It faces tough competition.

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Protecting new currency from old-school market manipulation

03/01/19

Crypto exchanges are adopting anti-fraud surveillance tools as they attempt to root out pump-and-dump schemes, insider trading and bogus orders.

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Ex-SoFi CEO's new blockchain startup is getting into banking

02/27/19

Mike Cagney, the former embattled chief executive of Social Finance, has a new startup that plans to announce a $65 million funding round on Wednesday, bolstering the lending company's expansion into other financial services, including wealth management.

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French AML ruling has ripples in U.S.; Barclays 4Q boosts Staley

02/21/19

If verdict stands, it could raise ceiling on anti-laundering penalties; better-than-expected results buy Barclays chief more time on current strategy.

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Wells' tech snafu, BB&T-SunTrust cont'd., JPM Coin: Top stories of the week

02/15/19

Flaws in testing may be real source of Wells Fargo's tech failure; BB&T-SunTrust deal throws talent and deposits up for grabs, threatens banking's middle tier; what JPMorgan Chase's JPM Coin means for Ripple and Swift; and more from this week's most-read stories.

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JPM's digital token; Face-recognition ATMs

02/15/19

The JPM Coin will be used to expedite payments transfers for its corporate clients; customers of Spain’s largest retail bank will be able to withdraw cash without entering a PIN.

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Can JPMorgan Chase's JPM Coin knock off Ripple and Swift?

02/14/19

JPMorgan is prototyping its own digital currency to be used for cross-border payments and, later, other purposes. Will banks find this a palatable alternative to today's most well-known options?

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JPM Coin's focus on B2B breaks the bitcoin mold

02/14/19

JPM Coin is not meant for consumer payments, but rather is a specific technology for a specific use case that the bank controls. Its value comes not from JPM Coin's appeal, but from JPMorgan's titanic wholesale payments business.

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JPMorgan to use cryptocurrency for corporate-payments business

02/14/19

JPMorgan Chase successfully tested a cryptocurrency it plans to use in trials for clients of its wholesale-payments business. Dubbed JPM Coin, it's based on blockchain technology, the bank said Thursday in a presentation on its website.

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GM joins Spring Labs' ID verification blockchain

02/12/19

The automaker's finance arm joins Avant, OnDeck Capital and SoFi in the system, which is designed to help verify loan applicants' identities.

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