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Major banks join EU blockchain initiative – International Association for Trusted Blockchain Applications
Two major banking groups have joined the EU International Association for Trusted Blockchain Applications (IATBA) a forum set up with the aim of gaining support for the European Union’s blockchain strategy. Representatives of BBVA and Banco... more
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FinTech M&A: How its shaping the financial future
FinTech M&A is at record levels. The competition is fierce as incumbents battle to stay ahead of the curve as the financial services sector is undergoes a technology-driven metamorphosis. Highly-publicised... more
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JPMorgan Chase blockchain project IIN gains market traction
JPMorgan Chase says it has conducted successful tests of its blockchain-based payment system, Interbank Information Network (IIN). The project is now able to scale transactions effectively, with more than 100... more
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PBoC: Cryptocurrencies no threat to Fiat systems
It is a well known fact that China has for some time been against the cryptocurrency boom taking place globally, however, The People’s Bank of China (PBoC) has has now... more
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Digitisation to make heritage financial institutions irrelevant by 2030
By 2030, 80% of heritage financial services firms will go out of business, become commoditised or exist only formally but not competing effectively, according to Gartner. These firms will struggle... more
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