Digital currencies

How blockchain, smart contracts could upstage banks

01/08/19

Its early days yet, but decentralized apps will democratize finance, says Andrew Keys, cofounder of ConsenSys Capital, the financial services arm of ConsenSys.

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10 ways technology will change banking in 2019

01/06/19

The coming year will bring a wave of data-sharing deals between banks and fintechs, increased bank use of automated advice, marked changes to financial jobs as a result of automation, and much more.

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Central bank digital currency might be fool’s gold

12/27/18

Despite some growing support for central banks issuing digital currencies, the practice raises important privacy concerns and questions about the structure of the banking system.

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Why Ohio is gung-ho for cryptocurrency and blockchain

12/14/18

Many banks and government officials are dubious about crypto, but Ohio Treasurer Josh Mandel lets businesses pay their taxes with it and has put all the state government’s expenses on a public ledger.

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Crypto asset startup founded by ex-BNY Mellon banker raises $8 million

12/06/18

Trustology protects private keys to digital assets the way parking valets look after car keys.

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Bitcoin ATM operator Coinsource gets New York bitlicense

11/01/18

The approval marks the New York’s bank regulator 12th license to a crypto-related business.

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Mastercard’s blockchain patents — what’s in it for banks?

11/01/18

The credit card company's filings mirror patents Bank of America, Barclays and TD Bank have submitted in the past two years that focus on how funds transfers and data security would augment blockchain technology.

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How (and why) Barclays keeps an eye on crypto activity

10/29/18

The bank, one of the few that do business with digital currency exchanges like Coinbase, has developed methods for monitoring all customers’ digital currency purchases.

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Liquineq launches distributed ledger for cashiers’ checks

10/29/18

The idea of digitizing cashiers' checks is likely to meet resistance, but the Swiss startup says at least two U.S. banks are already showing interest.

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Deutsche CEO puts management on blast; Chinese banks use lie detectors

10/29/18

Christian Sewing calls out the German bank's senior managers for using rumors of a merger with Commerzbank to excuse poor performance; banks in China begin using smartphones to pick up on lie-detecting facial tics.

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