Why did JPMorgan leaves blockchain consortium R3?
The news that JPMorgan Chase left the R3 blockchain consortium speaks to the challenges ahead for any consortium whose aim is to get multiple financial institutions to Read More
Category: Information
BBVA complete blockchain based money transfer pilot with Ripple
BBVA just completed the first real-life implementation of an international money transfer using Ripple’s new Distributed Ledger Technology (DLT). The transaction, running on BBVA infrastructures Read More
Swift introduces fraud tool but comes under pressure from hacking group NSA claims
Swift has revealed a service designed to help banks spot fraudulent messages and avoid a repeat of the now infamous Bangladesh Bank hack. Swift under pressure Read More
ACH volume grows to more than 25 billion payments and $43 trillion
Following four consecutive quarters of more than 5 billion electronic payments in each quarter – a first for the ACH Network – overall volume in Read More
Apple Pay funding added to Western Union to enable mobile money transfer
Western Union says that US customers using its mobile app can now pay with Apple Pay when sending money transfers originating in the US to more than Read More
New highs of Bitcoin price inspiring a new wave of scams
The surge in Bitcoin price has led to an uptick in related crimes during the first three weeks of March, just as the cryptocurrency was Read More
FCA investigate British banks‘ role in Russian money laundering scheme “Laundromat”
The FCA is investigating the role of British banks in the alleged processing of hundreds of millions of pounds for a Russian money laundering scheme dubbed Read More