Tag Archives: banking

[ad_1] Banks have prevented more than £ 1 billion of fraudulent business loans from being paid for by one of the government’s emergency Covid programs. In a letter to the Public Accounts Committee, the British Business Bank – which administers the government-backed lending program – said 20 lenders blocked a …

[ad_2][ad_1] Ten major Spanish companies – including Santander, Libra Bank, Bankia, Caixa Bank and BME – are planning to implement a self-managed digital identity model using blockchain technology. The project, known as Dalion, has completed concept testing, leading to a second phase of development and testing with the aim of …

[ad_2][ad_1] To share Tweet To share To share To share Print E-mail Visa partnered with UAE-based NOW Money to offer digital banking services to low-income clients in the Gulf region who are unable to access traditional banking services such as cross-border money transfers. Under the agreement, NOW Money will provide …

[ad_2][ad_1] BITFRONT, LINE Corporation’s global digital currency exchange, now provides interest on LINE’s LINK (LN) cryptocurrency deposits through a partnership with Celsius, the blockchain-based crypto loan and reward platform. BITFRONT launched interest services in September for cryptocurrency deposits from Tether (USDT), Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH) and Litecoin …

[ad_2][ad_1] Ripple has invested in Money Tap, the P2P money transfer app run by a consortium of Japanese financial institutions. Developed by SBI and Ripple, Money Tap is a smartphone application that allows consumers to make instant domestic payments via bank account, phone number or QR code. The service bypasses …

[ad_2][ad_1] Ripple is investing in SBI Holdings Money Tap’s liquidation platform. SBI Holdings announced the investment in a new press release. The announcement describes the benefits of XRP, RippleNet and Ripple’s XRP-powered cross-border payments platform, On-Demand Liquidity. Later in the press release, SBI describes Money Tap as both a “financial …

[ad_2][ad_1] An Indian bank is preparing to start providing cryptocurrency services at its physical bank branches. Customers can buy bitcoin and many other cryptocurrencies at these Indian rupee branches, open cryptocurrency savings accounts, make loans with their cryptocurrencies, and more. Crypto Banking at physical bank branches in India Cryptocurrency users …

[ad_1] WWith Covid-19 cases on the rise across much of the developed world, it’s a bold plea to say the worst of the pandemic is over. This, however, is the view of HSBC, Europe’s largest bank, which has cut its bad loan provisions and said it is considering resuming dividend …

[ad_2][ad_1] India’s digital asset space continues to see rapid development, with the latest news from the subcontinent being cryptocurrency financial services offered in physical branches. According to a blog post by digital finance firm Cashaa on Tuesday, a new joint venture with the United Multi State Credit Cooperative Society will …

[ad_2][ad_1] The largest cryptocurrency payment processor in the world, CoinPayments, today announces its partnership with Sumsub, an identity verification platform that provides an all-in-one technical and legal toolkit for KYC / KYB / AML needs. This partnership will simplify onboarding for CoinPayments users by optimizing conversion rates, reducing costs by …