Blockchain

Universities are starting to offer courses in bitcoin and other cryptocurrency skills, and that's just the start, according to David Uhryniak, blockchain services leader at Crowe LLP, and Brian T. Zygmunt, a partner at Crowe LLP.

Crypto exchanges are adopting anti-fraud surveillance tools as they attempt to root out pump-and-dump schemes, insider trading and bogus orders.

Figure, the startup headed by Mike Cagney, uses blockchain technology to provide home equity loans in as little as five days. It intends to use the newly raised funds to offer other services, including wealth management.

It creates an auditable, distributed ledger of transactions that cannot be altered or removed, enabling transactions that are valid, authentic, trustworthy and immutable, according to David Uhryniak, a blockchain services leader at Crowe LLP, and Brian T. Zygmunt, a partner with Crowe LLP.

If verdict stands, it could raise ceiling on anti-laundering penalties; better-than-expected results buy Barclays chief more time on current strategy.

Flaws in testing may be real source of Wells Fargo's tech failure; BB&T-SunTrust deal throws talent and deposits up for grabs, threatens banking's middle tier; what JPMorgan Chase's JPM Coin means for Ripple and Swift; and more from this week's most-read stories.

The JPM Coin will be used to expedite payments transfers for its corporate clients; customers of Spain’s largest retail bank will be able to withdraw cash without entering a PIN.

JPMorgan is prototyping its own digital currency to be used for cross-border payments and, later, other purposes. Will banks find this a palatable alternative to today's most well-known options?

JPM Coin is not meant for consumer payments, but rather is a specific technology for a specific use case that the bank controls. Its value comes not from JPM Coin's appeal, but from JPMorgan's titanic wholesale payments business.

JPMorgan Chase successfully tested a cryptocurrency it plans to use in trials for clients of its wholesale-payments business. Dubbed JPM Coin, it's based on blockchain technology, the bank said Thursday in a presentation on its website.

The automaker's finance arm joins Avant, OnDeck Capital and SoFi in the system, which is designed to help verify loan applicants' identities.

There is a fundamental irony in the “blockchain, not crypto” position espoused by traditional financiers and business professionals. They encourage those entering the space to widen their view of these new protocols beyond their speculative monetary values in favor of real-world use cases of the technology, writes Sky Guo, CEO of Crypherium.

Having new guidelines and more regulations will allow for more transparency and give the opportunity for legitimate businesses to invest and strengthen their position in the market, writes Sushil Prabhu, CEO of OpenCrowd.

Technology investors are bulldozing cash into blockchain and artificial intelligence, but the “why” is just starting to emerge, as is the true nature of the innovation.

Swift is showing more swagger in its rivalry with Ripple thanks to progress it has made with a multifaceted payments-tracking technology called GPI.

Swift is showing more swagger in its rivalry with Ripple thanks to progress it has made with a multifaceted payments-tracking technology called GPI.

Making micropayments feasible and viable for businesses will open up a whole new world of online commerce that was just not possible before, writes Sushil Prabhu, CEO of OpenCrowd.

Facebook is inching closer to threatening traditional processors and financial institutions with its own digital currency by adding staff with expertise in the underlying technology.

Payment companies and businesses that want to leverage blockchain need to properly connect the decentralized platform they use to existing databases and back-end systems, writes IIya Pupko, chief architect at Jitterbit.

The Society for Worldwide Interbank Financial Telecommunication is testing a link between e-commerce and trading platforms within its Global Payments Innovation network, with the first trial taking place on the Corda blockchain platform.