Santander Partners with Taurus for Crypto Asset Management
The new partnership with Taurus suggests that Banco Santander anticipates a greater role for crypto in traditional finance.
Santander and Monitise make a joint venture agreement with the aim of launching a fintech venture builder later this year.
The new partnership with Taurus suggests that Banco Santander anticipates a greater role for crypto in traditional finance.
Shooting 27% BNB price has surged past $600 for the very first time. With the surge, Binance Coin has registered nearly 1300% gains year-to-date beating some of the biggest traditional banking institutions.
Ten banks have joined to build a self-managed digital identity system using blockchain technology thereby giving users higher control over their data.
Santander is rebranding its venture capital arm Santander InnoVentures as Mouro Capital, and doubling its allocated funds from $200m to $400m as fintech investment hots up. Mouro Capital will manage Santander InnoVentures’ existing investments as well as further deepen Santander’s fintech involvement.
Several major banks are part of the Fnality International project. Fnality is working to create digital versions of five major fiat currencies, including the dollar and yen. The project has been delayed until at least 2021 as it seeks regulatory approvals.
One Pay FX – Ripple and Banco Santander’s joint collaboration – is looking to get a share of the FinTech market by using innovative solutions that offer transparent, low-cost and faster banking services to its customers.
RAKBANK announced the expansion of RAKMoney Transfer (RMT) services using Ripple blockchain technology RippleNet. The new service will be used along the Bangladeshi corridor by partnering with Bank of Asia.
Bank of America (BoA) is the second-largest bank in the U.S. It reportedly will join RippleNet for fast and cheap cross-border payments and exclusive infrastructure. But there is still no official confirmation.
On February 5, the Reginald Fowler’s case got an important update regarding three bank accounts in Santander UK. The assets held in them have been restrained.
Some experts think that Ripple’s IPO will put an end to the inherently speculative nature of the XRP token that won’t be much appreciated by its investors.