Blockchain

San Francisco-based Align Commerce, which leverages blockchain and other technologies to enable cross-border payments for small- to midsize businesses, has rebranded itself as Veem and landed $24 million in funding to expand its operations.

A previously unreleased paper lays out the pros and cons for banks of technologies designed to restore confidentiality on shared ledgers.

Chinese financial-technology investments this year may exceed 2016’s record $10 billion as companies continue to raise funds for expansion and big banks grow their digital services, according to Accenture Plc.

Banks have signaled bullishness for blockchain tech. But some say ignorance is leading to ill-informed choices.

Bank blockchain leaders say the technology is solid and privacy's been solved mostly. They’re focused now on integration, collaboration and saving money.

The Canadian bank completed a months-long trial of technology developed by AlphaPoint, the tech startup said.

Banks have traditonally lagged behind in embracing innovation, though blockchain provides the opportunity to quickly ramp up digital services.

The effort to create an enterprise Ethereum could lead to robust private blockchains, but one of the key strengths of the project has to do with Ethereum’s roots as an open-source platform.

IBM's work with Northern Trust and Hyperledger and Microsoft's alliance with JPMorgan and others show the different approaches the tech giants are taking with the technology.

The Structured Finance Industry Group and Chamber of Digital Commerce will explore ways distributed ledger technology might speed transaction processing and improve transparency.