Blockchain

Despite controversy surrounding Ripple’s digital token, one bank is pushing forward to use it in cross-border payments.

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

A digital exchange opening next week will enable investors to trade in companies including Apple Inc., Facebook Inc. and Tesla Inc. outside of the U.S. even when the stock markets are closed.

The industry has largely avoided added federal oversight after the Equifax hack; the product has created a “financial albatross” as consumers game the system.

Blockchain technology will allow players to purchase items or games faster, while ensuring their payments are secure, according to Nicolas Gilot, co-CEO of Ultra.

The National Bank of Kuwait is leveraging Ripple’s blockchain technology for a new cross-border payments service.

The year saw anxiety over how banks would respond to record consumer debt, disruptive glitches at TD Bank and SunTrust, ongoing scandal at Wells Fargo, and much, much more.

Even the best technologies take time, making it necessary to rein in expectations about what will happen and won't happen in the coming year.

More traditional players interested in creating a safer market for digital assets have issued a checklist that cryptocurrency firms can follow to build confidence among banks, consumers and regulators.

Even the best technologies take time, making it necessary to rein in expectations about what will happen and won't happen in the coming year.

Blockchain looks set to disrupt the gaming industry, and enable a new way for players and developers to interact with gaming platforms, writes Nicolas Gilot, Co-CEO of Ultra.

Signature Bank on Jan. 1 will open its Signet Platform to support real-time settlement for commercial payments. The bank is collaborating with trueDigital Holdings, a New York-based blockchain infrastructure, exchange and settlement technology company.

Prometheum may succeed whether others have failed because it has attempted to work closely with regulators.

An accusation of sexual discrimination plays out in court for BNP Paribas; Jeffries’ top execs chastise Wall Street men over #MeToo paranoia; blockchain startup loses Blythe Masters; and RBS might make history with a female CEO-CFO duo.

The industry’s technology priorities and budgets are headed for a distinct shift in 2019. What’s in: new initiatives in digital banking and analytics. What’s not: new initiatives built on blockchain technology.

Bank hit, but CEO Jes Staley escapes NYS fine for trying to unmask a whistleblower; Malaysia will pursue criminal complaints against Goldman in other countries.

Gifting is becoming more international and diverse, leading to a role for a a distributed ledger to streamline the user experience and bolster incentive marketing.

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.

The video game industry serves a decidedly digital, tech-savvy audience with a propensity toward digital payments, but has been plagued by inconsistencies in payments to developers and a lack of a consistent rewards program for loyal players.

TransferGo will use the funding to fuel international expansion and increase market share particularly across Turkey, India, Ukraine and Russia.