Tag Archives: banks

[ad_2][ad_1] “Consider it the foundation of a corporate mainnet.” This is how Christine Moy, head of JPMorgan’s recently renamed Liink banking network, described her aspirations for decentralization in the realm of big business. The revamped Liink, which is based on a fork of Ethereum, is more of a “decentralized network,” …

[ad_2][ad_1] Over the past year, there has been a lot of talk about central banks and the foray into central bank digital currencies (CBDCs). This was highlighted in a recent survey by the Bank for International Settlements (BIS), which found that around 80% of central banks are in the midst …

[ad_1] Laura Fernanda Bolaños R. – lbolaños@larepublica.com.co The Ministry of Finance, Housing and the Financial Regulation Unit (URF) announced, through an official press release (download the presentation at the bottom of the note), that the green light has been given to the real estate annuity which aims to “achieve the …

[ad_1] Salomón Asmar Soto – sasmar@larepublica.com.co Bancolombia has announced the launch of its first credit card with no handling fees: the Free American Express Card, developed to complement the organization’s portfolio for its customers. “Our bank premise is about listening to our customers, and that’s what happened here: we understand …

[ad_1] Another change was made to the active ratio (AR) regulation, which entered into force on 1 May to force private banks to grant additional loans. The Bank Regulatory and Supervision Agency (BRSA) has decided to add foreign currency loans and syndicated loans with a maturity of more than one …

[ad_1] Jack Ma, the former English teacher who co-founded Alibaba Group Holding Ltd. with $ 60,000, is poised to become the 11th richest person in the world after Ant Group Co. listed the shares for a public offering initial record. Ma’s 8.8% stake is worth $ 27.4 billion based on …

[ad_2][ad_1] For years JP Morgan was skeptical of Bitcoin. Now the bank’s analysts say its value could triple, challenging goldLuck Bitcoin Is Like “Digital Gold” And Won’t Be Used As A Traditional Currency In At Least 5 Years, Says Billionaire Investor Mike Novogratz | Currency News | Financial and business …

[ad_2][ad_1] JP Morgan’s former global head of energy trading Daniel Masters was among the first traditional investors to enter bitcoin, helping create the value proposition that many institutional investors now embrace. CoinShares As much as bitcoiners and cryptocurrency enthusiasts try to deny this, bringing converts from traditional finance is the …

[ad_2][ad_1] A new report from the Boston Consulting Group describes that payment service providers like Ripple outperform banks in many industries. Banks need to develop new technologies to keep up with the latest advances. Cryptocurrencies have become an integral part of today’s financial market and are in direct competition with …

[ad_2][ad_1] The largest digital currency in the world rose 3.4% on Monday to around $ 11,835. Bitcoin’s biggest rally in more than a week has pushed it to the brink of $ 12,000, a key level observed by charts and technicians. The largest digital currency in the world rose 3.4% …