The Royal Bank of Scotland’s (RBS) poor financial results have led to its CEO calling for more cost reductions and a faster digital transformation.
Input Output Hong Kong (IOHK), a blockchain architecture and development start-up, and the UK’s University of Edinburgh, have set up a blockchain technology laboratory within the university’s School of Informatics.
Turkey’s largest bank Isbank is partnering with PPRO Group for cross-border payments in more regions.
Japanese financial services provider Mizuho has partnered with Cognizant to test cross-border document sharing and custom digital currency applications of blockchain – and the cost implications of using the technology.
Is the R3 consortium going to wave goodbye to $53 million in research and abandon blockchain?
The latest edition of our flagship magazine – Banking Technology – is out now, packed with news, analysis and insights, case studies, research and expert commentary.
There is pressure for CEOs to decide how distributed ledger technology (DLT) fits into their business strategy. Regulators also recognise that blockchain could advance their own processes. So what is all the excitement about? Blockchain is an exciting innovation but the technology has flaws…
With mobile money technology widely available, and so many citizens having access to a mobile phone, how many are actually banking in this way? What are the benefits available to them when using mobile money? And what does the future hold for this fintech innovation?
2017 looks set to be the year in which a number of different jurisdictions vie to become the natural home of the financial technology sector. To help ensure that London remains fintech-friendly, the Financial Conduct Authority (FCA) has created the “regulatory sandbox”.
Banks need to do more than just comply with the upcoming revised Directive on Payment Services (PSD2). To survive, banks will need to embrace these changes.