banking

Financial Brands Should Bank on Experience

We are currently the top European destination for FinTech venture capital investment. In 2018, fundraising here reached £15 billion, representing one in every six pounds invested in the sector worldwide. Only the US and China outperformed us. This year’s Innovate Finance Global Summit – which we helped deliver – highlighted the country’s future as a […]

Commerzbank Tests a Blockchain-Based Payment Solution

Commerzbank Tests a Blockchain-Based Payment Solution. Commerzbank, the second-largest bank in Germany, is exploring a blockchain-based payments solution that won’t require human intervention, according to an announcement Thursday. The bank has already completed testing the first use case of the solution, where it issued euros on a blockchain and provided automobile giant Daimler Trucks, the […]

UK Bank Standard Chartered Uses Blockchain for Supply Chain Finance

London-based bank and financial services firm Standard Chartered has completed its first joint blockchain-based supply chain financing transaction. Standard Chartered announced on Aug. 5 that the institution successfully ran their first joint deep-tier supply chain financing transaction in partnership with China-based supply chain financing service provider Linklogis. UK Bank Standard Chartered Uses Blockchain for Supply […]

RBS: Global to Gone in Ten Years

On thursday The Royal Bank of Scotland (RBS) reported another disappointing earnings and formally took itself off the global stage. “This is a plan for a smaller, more focused, but ultimately more valuable, bank with the vast majority of its assets in the U.K., and for RBS marks the end of the stand-alone global investment […]