Blockchain—possibly the buzziest of buzzwords in 2016. The world saw the rise of new enterprise blockchains, how the technology might be used to transport gold, to safely move perishable items like pork through a supply chain, and most importantly for those of us in the fintech trenches, we saw banks,Read More
Post Tagged with: "R3CEV"
U.S. Bank’s transactions are now 60% digital, Chief Operating Officer Andrew Cecere said at the Goldman Sachs U.S. Financial Services Conference this week. But that doesn’t mean the Minneapolis-based bank is giving up on branches. It has around 3,000 branches and 80% of its sales activity still takes place thereRead More
First it was Goldman Sachs to leave R3CEV. Then it was Santander. However you spin it, this is not good. As Anna Irrera reveals (from her new job at Reuters in New York), R3CEV “has reduced the amount it aims to raise from bank members in its first large round ofRead More
It looks like an R3CEV-Ripple partnership is in the works. This development could be a sign of the bundling of distributed ledgers and alliances between companies and consortiums in the space. The news was teased on Twitter today by Ripple CEO Chris Larsen: The future of fintech is bringing together like-minded companies,Read More
The hits keep coming for virtual currency consultancy R3CEV. Once derided as a blockchain support group for the consortium of financial institutions it amassed, R3CEV said repeatedly it wanted to build products. Today, it unveiled one at Money20/20 in Copenhagen: Corda, a distributed ledger for financial services companies. The New York-based company alsoRead More