Banks

The latest news about banks and blockchain technology.

Digital Bank Polybius Raises Nearly $20M in Token Sale, ICO Will Finish on July 5
June 16th, 2017

More than 17 thousands participants allow Polybius gradually moving towards its goal to become a legal and trusted provider of personal data with focus on governmental acceptance.

AIG and IBM Complete Pilot for World’s First Blockchain-Based Multinational Insurance Policy
June 15th, 2017

The companies aim to arrange a complicated multinational insurance coverage through blockchain to ensure transaction security.

Polybius Reaches Nearly $9 Million After Just 5 Days of Token Sale
June 5th, 2017

All the funds raised will be directed to the creation of Polybius Bank, the first digital bank that will combine features of modern banking, IoT, Big Data and Blockchain-based technologies.

Polybius Foundation Aims to Raise $25 Million for Its Cryptobank Project via ICO Token Crowdsale
May 29th, 2017

The Polybius project aims to use blockchain-based, decentralized technologies to revolutionize the efficiency of the payments’ market.

Blockchain Startup R3 CEV Attracts $107M From BofA, HSBC, Intel and Others
May 23rd, 2017

R3 CEV aims to raise $150 million with the third tranche of fundraising round scheduled for later this year.

BNP Paribas and Carrefour Launch Universal Mobile Payments System ‘Lyf Pay’
May 15th, 2017

The new payment platform, which is set to be launched across France later this week, will allow users to make purchases using their mobile phones.

JPMorgan Chase & Co Quits Blockchain Consortium R3
April 28th, 2017

JP Morgan has announced its exit from the bank blockchain consortium, thus becoming the latest banking giant to leave the initiative.

UK Royal Mint Begins Testing Blockchain Gold Trading Platform
April 13th, 2017

The Royal Mint Gold project will make gold more available for trade, thus changing the way asset is executed and settled.

‘Next-Gen UK Settlement System Will be Blockchain Compatible,’ Says Bank of England’s Governor
April 12th, 2017

The UK’s central bank has developed its own Proof of Concept ledger and will make the next version of its interbank payments system compatible with settlement in a distributed ledger.

JP Morgan Chase to Acquire Payments Technology from MCX
March 14th, 2017

The bank will buy the technology, developed by Merchant Customer Exchange (MCX), to drive the expansion of its smartphone payment application Chase Pay.

Hyperledger Project Adds 11 New Members, Including Bank of England and Federal Reserve Bank of Boston
March 1st, 2017

Hyperledger Project continues to attract new companies, with the overall number of members now accounting for more than 120 organizations.

Chronicled Showcased IoT Platform Integration with Quorum at EEA Launch Event
February 28th, 2017

Chronicled demonstrated a solution that creates a secure link between any physical asset and the blockchain.

Microsoft, Intel, JPMorgan, UBS, Credit Suisse And Others are Forming Enterprise Ethereum Alliance
February 28th, 2017

J.P. Morgan, Chase, Intel, Microsoft, Banco Santander and other firms have established an alliance to develop solutions for financial companies using Ethereum blockchain.