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Yes Bank, a progressive Indian bank has partnered with leading names in the country’s startup ecosystem to launch a fintech and business accelerator. The accelerator program, Yes Fintech is powered by T-Hub startup engine, Anthill Ventures, and LetsTalkPayments. The 15-week program is distributed among two facilities, one in...
Bitcoin and other cryptocurrencies have gained a lot of traction in the past few years. Even though Bitcoin has been around since 2009, its mainstream adoption started to gather steam only during the last 3-4 years. While one side of the argument states that its notoriety due to...
A recent Vox article reads, “Bitcoin was supposed to change the world. What happened?” Those are some amusing words to use. “What happened?” They insinuate that bitcoin hasn’t changed the world, and that everything it set out to do hasn’t been accomplished. Titles like these make us realize...
Last week the internet witnessed what could probably be the largest attack till date. Many reputed online services across the world were hit by a DDOS attack, leaving them inaccessible for hours. As cyber threats continue to rise, the banking institutions in London are preparing themselves for the...
Everyone in the cryptocurrency world is well aware of how BNP Paribas is actively working on blockchain technology. Things have taken an interesting turn, as the financial institution is going into co-development mode. Various clients will be invited to pilot blockchain applications with a focus on transaction banking....
The number of reports discussing Bitcoin’s impact on mainstream banking and financial sector is overwhelming. Adding to the list is yet another report focused on Brazil, published by Banco Santander. The report titled “Brazil: Banks and Financial Services – To Bitcoin or Not to Bitcoin?” is a result...
ABN AMRO Bank customers may soon have access to a Bitcoin wallet provided by their banking service provider. The Dutch banking major recently ran a survey on its website, to gauge its customers’ interest in Bitcoin. The survey was part of ABN AMRO Innovation Centre’s initiative to understand...
Bitcoin has been around for over 8 years now. But the widespread popularity of this digital currency as an alternative to fiat currency dates back only to the past 2-3 years. While Bitcoin continues to gain a lot of media attention as the “future of currency”, it has...
Digital currencies like Bitcoin may be the way forward for nations with small or weak economies. Many major banks have been withdrawing their Correspondent Banking Relationships (CBRs) across geographies in the recent days as the global economy slows down. A recent action report by the International Monetary Fund...
There are lots of debates happening in the Bitcoin community. While the most prominent one is on block size, another significant topic is regarding Bitcoin regulations. There are a set of companies and organizations stressing for regulations in the Bitcoin sector , which the opposite camp believes will...
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