Blockchain for banks News

BTG Pactual to Use Tezos for $1 Billion STOs
BTG Pactual to Use Tezos for $1 Billion STOs
04 July 2019, 15:02
BTG Pactual will use to Tezos blockchain to conduct security token offerings (STOs) worth at least $1 billion.
Shinhan Bank Doubles Down on Monitoring Crypto-related Accounts
Shinhan Bank Doubles Down on Monitoring Crypto-related Accounts
01 July 2019, 15:49
Shinhan Bank South Korea has revealed it will increase efforts to monitor the account of customers whose transaction records show a link to the use of cryptocurrencies.
Everyone is Launching a Crypto; Goldman Sachs May Be Next
Everyone is Launching a Crypto; Goldman Sachs May Be Next
28 June 2019, 21:00
Is Goldman Sachs already developing a cryptocurrency?
VISA Launches Partly Blockchain Payment Network
VISA Launches Partly Blockchain Payment Network
11 June 2019, 17:33
Visa has announced the release of a new payment network it says has elements of blockchain technology.
Bank of Ireland, Ulster and AIB Adopts Blockchain
Bank of Ireland, Ulster and AIB Adopts Blockchain
30 May 2019, 11:47
Three of Ireland’s Big Four Banks — Bank of Ireland, Ulster and AIB — has started a pilot program that involves the use of a blockchain-based solution built on Ethereum to verify staff credentials.
Shinhan Bank Adopts Blockchain for Loan Verification Process
Shinhan Bank Adopts Blockchain for Loan Verification Process
28 May 2019, 06:18
Shinhan Bank, the oldest bank in Korea, has reportedly adopted blockchain technology for a new lending platform designed to facilitate real-time settlements.
SWIFT Wants R3 Corda Platform For Faster Settlements
SWIFT Wants R3 Corda Platform For Faster Settlements
30 January 2019, 17:04
Global financial messaging service, SWIFT will carry out a proof-of-concept on how the R3 Corda blockchain could help improve its payment settlement process.
Indian Banks To Benefit From New DLT Pilot By SWIFT India and Fintech Firm Moneta Go
Indian Banks To Benefit From New DLT Pilot By SWIFT India and Fintech Firm Moneta Go
22 November 2018, 14:30
The Indian banking ecosystem is expected to improve after SWIFT India partnered with fintech firm, MonetaGo to pilot a new Distributed Ledger Technology (DLT) network
Herman Gref Says Blockchain For Industries Now 1-2 Years Away
Herman Gref Says Blockchain For Industries Now 1-2 Years Away
18 November 2018, 23:17

Anyone thinking that industrial blockchain technology adoption is still going to take a long time must be mistaken according to comments made by Herman Gref, CEO of Russian Bank, Sberbank.

BBVA provided $150m Syndicated Loan on Ethereum
BBVA provided $150m Syndicated Loan on Ethereum
07 November 2018, 21:45

BBVA Spain, the second-largest bank in the country has successfully tried blockchain technology for a syndicated loan worth $150m according to a Financial Times report. It is the first time that a syndicated loan which usually involves a group of lenders and a borrower is conducted over a blockchain.