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Blockchain in Banking and Financial Services

This group is to share any information related to enterprise wide Blockchain technology adaption in different Banking Financial Services sub-domains.

Eli Talmor

Eli Talmor CEO at ID-Bound

If You Are a CASP or Own Unhosted Crypto Wallet - You Should Read This!

Before we deep dive into the problem - let me introduce a few topics. About hosted crypto wallets A hosted wallet, also known as a custodial wallet, is a type of cryptocurrency wallet where the private keys of the wallet are managed by a third-party service provider, rather than being controlled directly by the wallet owner. When it comes to perfor...

/regulation /crypto

Retired Member

Retired Member 

Exploring the Benefits of Blockchain Technology in Fraud Detection and Prevention

In today’s digital landscape, there is a significant risk of data breaches, cyber thefts, and other such frauds. Digital transformation has enabled fraudsters to find new lines of attack and exploit vulnerabilities. Fraud has always been a detrimental factor in the business world, particularly in the financial industry, causing fear in users when ...

/security /crime

Andrew Beatty

Andrew Beatty Head of Wealth, Retirement & International at FIS

Can Banks Capitalize on Web3 Technologies?

The power and possibilities of Web3 represent a compelling opportunity for banks and financial services firms to consider. These emerging technologies are here to stay, and potentially transformational. So, what exactly is Web3 and what can it deliver? Web3 is a new iteration of the Web, and it is a work in progress. While there’s plenty of infor...

/wealth /retail

Nick Smart

Nick Smart Blockchain Intelligence Associate Director at Crystal Blockchain

Dark Web Markets: What's Next for Crypto Crime in 2023?

Though the general principles of financial crime remain largely the same, criminals and other bad actors continue to seek new ways raise, store, move, and spend digital assets. Having an idea of what may come next in the crypto industry is something of a holy grail – yet one that never fails to stop participants from making predictions about what ...

/identity /crime

Mousser Rahmouni

Mousser Rahmouni Head of Strategic Partnerships at Striga

Issuing Crypto Cards through APIs: Understanding the Role of Card Issuing Providers

As the use of cryptocurrencies continues to grow, more and more companies are looking for ways to integrate them into their existing financial systems. One such solution is the issuance of crypto cards, which allows users to access and use their digital assets for everyday transactions. In this article, we will explore how companies can issue cryp...

/payments /crypto

Mousser Rahmouni

Mousser Rahmouni Head of Strategic Partnerships at Striga

SWIFT Alternatives and Crypto Remittance : Sending Money with Crypto

In recent years, blockchain and cryptocurrency have disrupted traditional financial systems and are providing a viable alternative to cross-border fund transfer systems such as SWIFT. Cryptocurrency remittance is becoming increasingly popular due to its cost-effectiveness, efficiency, and ease of use. In this article, we will explore the challenge...

/payments /crypto

Saurabh Singla

Saurabh Singla Founder at ZEX PR WIRE

How Blockchain Technology will change the Cross Border Payments scenario

Blockchain technology has the potential to significantly change the way cross border payments are made. Currently, cross border payments can be slow and expensive, as they often involve multiple intermediaries and complex regulatory requirements. Blockchain technology could potentially streamline this process and make it faster, cheaper, and more ...

/retail /crypto

Alisa Dicaprio

Alisa Dicaprio Chief Economist at r3

‘The DLT Down-Low with DiCaprio’: Interpreting 2022’s blockchain failures

Projects sometimes fail. But when there are lots of headline collapses in a short period, it’s time to look for patterns. Was it all hanky panky or was there a more legitimate reason for failure? In this exploratory piece, I unpack five projects in the distributed ledger technology (DLT), more specifically, the blockchain space whose collapse made ...

/retail /crypto

Nish Kotecha

Nish Kotecha Co-Founder & Chairman at Finboot

Why the demise of FTX has to be a turning point

The recent and very public demise of cryptocurrency exchange, FTX, has once again dented wider faith and trust in the crypto world. Despite raising $400 million at the start of the year, rumours of FTX being undercapitalised led to more than $650 million in withdrawals - causing it to close its doors and confirming it was in a liquidity crisis. Th...

/regulation /crypto

Gilbert Verdian

Gilbert Verdian Founder and CEO at Quant

A $250m blockchain blunder down under: What can we learn?

The last few weeks have not been good for the reputation of blockchain industry. The collapse of the crypto exchange, FTX, has put bad actors and the unregulated trading of cryptocurrency into the spotlight. In more regulated spheres, we saw the $250m write-off by the Australian Securities Exchange (ASX) that pulled the plug on its supposed, world...

/crypto /markets