Blockchain

While traditional payment processors conquered bitcoin in the first battle, the disruptive potential of blockchain technology remains a potent threat and incumbent payment processors should prepare for a healthy new challenge.

Libra and Facebook’s huge impact on the conversation around blockchain and cryptocurrency is giving fuel to other blockchain companies that portray their models as alternatives to Facebook’s controversial plans.

Blockchain and cryptocurrency innovations threaten to upend mainstream remittance providers, but there are still market gaps that may be best served by a large bank footprint.

It's created a new digital assets and distributed ledger group, trades bitcoin futures and is funding a crypto exchange.

A new project backed by the government of Luxembourg could ultimately be influential in the U.S., where banks have been slow to develop a shared platform for digital identities.

The likelihood of Fed rate cuts is causing banks to plan for less net interest income, but it would be a mistake for JPMorgan to back off its move into new markets and tech investments, Jamie Dimon says.

Facebook's announcement makes it more important than ever to clarify what a digital security and cryptocurrency are, and what they are not, according to Juan Hernandez, CEO of Openfinance and Carlos Domingo, CEO and co-founder of Securitize.

Coffee farmers in Brazil’s countryside could be soon be using cryptocurrency for their day-to-day needs.

What Facebook really needs is another heavyweight like Amazon or Google to help spur cryptocurrency competition.

Platforms like Ethereum’s IPFS enable immutable document access, so token issuers and purchasers can provide all necessary financial documents, audits and inspections directly to those who own the token.

The technology behind bitcoin has spread far and wide, boosting bank and payment innovation. The competitive impact on the traditional payment industry will be felt for years to come, according to Demetrios Zamboglou, COO of BABB.

What Facebook really needs is another heavyweight like Amazon or Google to help spur cryptocurrency competition.

As blockchain use cases grow, retailers are seeing more reasons to use the distributed ledger technology for payments.

Facebook grabbed the spotlight this week with the announcement of its Libra cryptocurrency initiative, and its list of high-profile supporters suggests that it's the only game in town. But banks have their own projects in the works.

MoneyGram International will use Ripple's blockchain to boost foreign exchange settlement for international payments.

Facebook's Libra, or GlobalCoin, will be cryptocurrency's largest test — fueled by a collection of huge investors that will determine if mainstream merchants and consumers will actually use a payment system featuring an alternative currency.

The Los Angeles company has established a network that is designed to help verify the identities of consumer and small-business borrowers. It says 20 lenders are participating and that it is trying to recruit more.

Digital Asset Holdings eyes blockchain for 'smart contracts'; readying for a marathon is like competing for a big client.

State Street, BNY Mellon, UBS and Credit Suisse are among the banks that have created a company to bring their idea of a utility settlement coin to life.

From improving call center operations to advancements in voice banking and more, distributed ledger technology has the potential to radically improve data security.