banks

Mastercard Expands Efforts to Combat Crypto Fraud through AI Collaboration

Nathan CobenNov 20, 20232 min read

Mastercard, NatWest, and HSBC Imposing Restrictions You may have heard that Mastercard, NatWest, and HSBC have put restrictions on or outright blocked crypto transactions. Coinbase CEO…

Santander Introduces Bitcoin and ETH Trading for Swiss Customers: New Report Reveals

Coinan PorterNov 20, 20232 min read

Banco Santander Launches New Crypto Trading Services The international division of Banco Santander, a Spanish bank, has reportedly introduced a new service that allows clients with…

Moody’s Issues Negative Ratings Outlook for JPMorgan Chase, Wells Fargo, and BofA Due to Weakened US Government Support for Big Banks

Daisy HodleyNov 19, 20232 min read

Three Leading US Banks Downgraded by Moody’s to “Negative” Outlook Moody’s Investor Service has downgraded JPMorgan Chase, Wells Fargo, and Bank of America to negative ratings,…

Ripple Teams Up with Over 20 Central Banks Globally to Tackle Financial Exclusion Issues through CBDC Collaboration

Cino GaperiNov 18, 20232 min read

Ripple’s Efforts to Enhance Financial Inclusion through CBDCs Central Bank Digital Currencies (CBDCs) are seen as a potential solution to financial exclusion, offering cost-effective methods of…

Singapore to Test Wholesale Central Bank Digital Currencies in 2024

Nathan CobenNov 17, 20232 min read

Singapore to Pilot Wholesale Central Bank Digital Currencies Come 2024, Singapore will be testing the live issuance and use of wholesale central bank digital currencies, according…

Commerzbank, a Major German Bank, Receives Approval for Cryptocurrency Custody Solutions

Owen PatterNov 15, 20232 min read

Commerzbank’s Crypto Custody License Commerzbank AG, Germany’s fourth-largest bank, has received its Crypto Custody License, making it the first full-service bank in the country to do…

Expert: XRP’s AMM Launch Won’t Lead to Stablecoin Adoption by Banks

Newt BettecNov 15, 20233 min read

Ripple’s Integration of AMM into XRPL: What it Means for XRP Following Ripple’s announcement about integrating an Automated Market Maker (AMM) into the XRP Ledger (XRPL),…

Fnality, a Blockchain Payment Firm, Secures $95M Funding Round Led by Goldman Sachs

Coinan PorterNov 14, 20232 min read

Goldman Sachs and BNP Paribas Lead Funding Round for Fnality A new funding round for Fnality, a blockchain-based wholesale payments firm backed by Nomura Group, has…

US Banks Experience $174.3 Billion in Deposit Outflows Over 3 Months as S&P Global Reports Industry Contraction

Daisy HodleyNov 12, 20232 min read

New Numbers Reveal Massive Deposit Flight from US Banks A recent report from S&P Global has disclosed a significant decline in non-brokered deposits, which mainly come…

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