Blockchain

The world’s biggest maker of smartphones and semiconductors may use the technology behind cryptocurrencies to manage its vast global supply network.

Amber Baldet is exiting JPMorgan Chase to start her own venture, and another female executive is taking charge of the blockchain effort. BofA makes major progress on digital mortgages and gets gun-shy after Parkland. Plus, GM’s one-sentence dress code.

Acting director wants agency run by a bipartisan body, not a lone director; Fed and OCC push for relaxing the supplementary leverage ratio at the biggest banks.

GSE reform a likely scratch from this year’s to-do list; banks’ difficulties in speaking emoji; reactions to Mick Mulvaney’s plans for the CFPB; and more.

Fintech companies such as WorldFirst, TransferWise, OFX, and WorldRemit give people more cost-effective means to make cross-border transfers, writes Jon Dela Cruz, a researcher for iCompareFX.com.

This year could be a pivot point for blockchain to move past proofs of concept to adoption, propelled by strong investor interest. But many still see the tech as being three to four years away from going mainstream.

The software firm MonetaGo and three Indian factoring exchanges have launched a blockchain that can identify invoices that have already been financed.

A BankThink argues that Treasury's GSE cash infusions are just the return of stolen money; MUFG wants its Union Bank to be one of the nation's 10 largest; fintech promises a 30-minute mortgage; and more.

Becoming a member of Hyperledger fits Ripple’s ideal of allowing different blockchains or distributed ledgers to communicate with each other.

The CU blockchain vendor joins global entities like American Express, IBM and Samsung in a consortium aimed at creating distributed ledger technologies.