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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.

Retired Member

Retired Member 

The Tragic Covid-19 Pandemic Could Be an Opportunity For Fintechs Who Learned The Lesson of 2008

Fintech startups looking to transform current investing trends or disrupt traditional banking are facing their first major test as Covid-19 pandemic bites into the very fabric of our society. As interest rates fall and fearful consumers seek safety in tradition, brand new industries like digital banking and online investing that never experienced ...

/startups /covid-19

Niall Twomey

Niall Twomey Chief Technical Officer at Fenergo

The Role of Blockchain and DLT in e-KYC Utilities

In this nascent market, organizations are exploring the speed and accuracy of DLT and the enhanced security of Blockchain. In this blog, I take a look at the DLT and blockchain technologies that can make decentralization and sharing of quality data a reality for e-KYC utilities. When we explore the bank-driven approach to KYC customer record shari...

/regulation /crime

Konstantin Rabin

Konstantin Rabin Head of Marketing at Kontomatik

Alchemy Technologies partners up with the blockchain-based consumer loans company

Fintechs rely heavily on blockchain to make the transactions smooth and safe and while both of these technologies often face criticism for being vulnerable to attacks, the fintech industry keeps growing and expanding its reach over the world. Alchemy technology is a fintech infrastructure development company that just recently announced its partn...

Chris Principe

Chris Principe CEO at APB, Inc.

Deposit Cash, Get Arrested

Deposit Cash, Get Arrested! Banking has evolved more in the last few years than in the last few decades. The main reason is technology closely followed by regulation. The famous statement that “Cash is King” is no more! Banks, due to regulation and to limit their own risk, have been working with government to limit our usage of cash. A good examp...

/crypto /covid-19

Paul Shumsky

Paul Shumsky Technology Advisor at Entrepreneur

White Label mPOS Solutions 2024 Outlook

Retailers are increasingly turning Mobile Point of Sale (mPOS) devices to secure payment because of the convenience, cost effectiveness and flexibility they offer. In fact, the mPOS market is reportedly growing faster than the traditional POS industry and, according to some estimates, could comprise some 25% of the overall market within the next t...

/payments

Doug Wick

Doug Wick VP, Products and Marketing at ALTR

From Banking and Data Security to Compliance: Blockchain Grows Well Beyond its Cryptocurrency Roots

Cryptocurrency and blockchain came to the forefront of our imaginations as a technological marriage, seen as a revolution, for digital transactions. So vivid was the future for this pairing, at the outset at least, that the terms became linked. In reality, cryptocurrencies and distributed ledger technologies are distinct, the latter supporting the...

/security

Yagneswara Sarma Bulusu

Yagneswara Sarma Bulusu Consulting Partner at Tata Consultancy Services Ltd.,

The Great Custodian Bank Shake-up Part 1: Blockchain to Rewire Custodial Operations

Abstract Custodian banks are facing a slew of challenges such as cost pressures, operational inefficiencies, and aging legacy applications. Disruptive digital technologies such as blockchain and distributed ledger technologies (DLT), Robotic Process Automation (RPA), and intelligent automation systems such as cognitive computing tools and decision...

/markets