Post Tagged with: "BlockChain"

Banks Form ‘First Ever’ Group to Agree on Blockchain Payments Standards

Banks Form ‘First Ever’ Group to Agree on Blockchain Payments Standards

by September 27, 2016 at 10:08 am 0 comments

A collection of banks have formed what is being called the world’s first interbank group for global payments using blockchain technology. This is Ripple’s distributed ledger  technology, specifically, because evidently no one at that company sleeps. “Six of the biggest banks in the world are saying, ‘hey, we’re dong this, we believe in this,’”Read More

Ripple may become real competition for SWIFT in cross border payments

Ripple may become real competition for SWIFT in cross border payments

by September 25, 2016 at 1:00 am 0 comments

ID:38626297 Image source. Next week, 8,000 bankers and their vendors fly into Geneva for 4 days of talking about FinTech. Last year I had to fly to Singapore. This year, I can just hop on a train from Bern (sayonara jet lag). Last year Emergent Fintech started to move ontoRead More

Is Blockchain Still Blockchain If You Can Edit It?

Is Blockchain Still Blockchain If You Can Edit It?

by September 23, 2016 at 10:24 am 0 comments

This past Tuesday, we got to watch Senator Elizabeth Warren flay Wells Fargo CEO John Stumpf alive—which Twitter thoroughly enjoyed—and then Accenture announced a patent filing for a technique that allows for a blockchain to be edited—which Twitter was somewhat less enthused about. Various fintech enthusiasts like Dave Birch, whoseRead More

AI and the IoT will Change Fintech by 2021, But Blockchain’s Not Ready

AI and the IoT will Change Fintech by 2021, But Blockchain’s Not Ready

by September 22, 2016 at 10:06 am 0 comments

A new report says artificial intelligence and IoT are going to transform fintech before blockchain, which still has some growing up to do. The rise of AI and the Internet of Things (IoT) is happening rapidly—and according to a Forrester Research report released earlier this month, these are the two technologies thatRead More

Secco Bank and the Future World of MyDigitalAssets

Secco Bank and the Future World of MyDigitalAssets

by September 22, 2016 at 2:00 am 0 comments

During a webinar focused on Digital Wealth Management for one of our clients, I thought that I would poke the audience by discussing a Future World in which we all create wealth by investing in our Digital Assets. I started by referring to MyCreditScore, as a Digital asset, only becauseRead More

Synechron Launches 6 New Accelerators For All Your Blockchain Needs

Synechron Launches 6 New Accelerators For All Your Blockchain Needs

by September 20, 2016 at 12:05 pm 0 comments

Some people seem to think blockchain is the best technological advancement humanity has come up with since the wheel. Certainly, one can’t deny that blockchain or distributed ledger technology has an intriguing amount of potential. On the other hand, making that potential actionable takes a house of engineers, resources, andRead More

Since When Did Bitcoin Become the ‘B’ Word?

Since When Did Bitcoin Become the ‘B’ Word?

by September 20, 2016 at 2:06 am 0 comments

The annual Finovate confab in New York is a pretty good way to gauge trends in the world of fintech. The roundup of companies presenting were a mix of the usual suspects — including a lot of backend work that would help banks serve consumers better and protect them fromRead More

Blockchain, Bitcoin In Space. Also, Florida

Blockchain, Bitcoin In Space. Also, Florida

by September 16, 2016 at 11:00 am 1 comment

You might have seen Ripple’s news yesterday, but turns out that is not the only big development in blockchain this week—it’s now exploring the final frontier. Yep, that’s right: blockchain in space. If you don’t know, Ripple raised $55 million in funding yesterday, as well as adding seven new banksRead More

Ripple Raises $55M as Client List Grows to 15 Top Global Banks

Ripple Raises $55M as Client List Grows to 15 Top Global Banks

by September 15, 2016 at 9:53 am 0 comments

Investors still want a piece of the blockchain. Ripple, the enterprise blockchain startup, today announced that it raised $55 million in Series B funding to accelerate customer adoption of its technology. That brings Ripple’s total funding to $93.6 million since its launch in 2012, according to Crunchbase. “I think there’sRead More

Blockchain Catastrophe Swaps and the Unbundling of Insurance

Blockchain Catastrophe Swaps and the Unbundling of Insurance

by September 15, 2016 at 1:00 am 0 comments

Image source I struggled with the headline for this post because the news connects to so many different themes we cover on Daily Fintech: Real use cases for Blockchain. Catastrophe Insurance and Climate Change. Financial Inclusion. Innovation by Incumbent Financial Services. The new global back office. The unbundling of verticallyRead More