Tag: banks

  • XRP

    XRP Jumps 14% Following Potential xRapid Launch and New Partnerships

    XRP, the cryptocurrency associated with Ripple and their xRapid settlement system, jumped nearly 14% overnight following a recent 20% jump that can be attributed to a variety of factors. The cryptocurrency is currently sitting at $0.369, up from its 24-hour price of just over $0.32. The continued rise...

    Cole Petersen | September 20, 2018 | 5:00 pm
  • ripple xrp

    Ripple: Blockchain is About Growth Not Cost Savings

    A Ripple Executive has downplayed the cost-savings of blockchain technology over traditional banking arguing that growth is a stronger message for attracting business clients, including banks. Blockchain: Next Evolution of the Internet Danny Aranda, Managing Director of Strategic Growth at Ripple, discussed how the firm attracts banks to...

    tim copeland | June 14, 2018 | 7:00 am
  • Blockchain

    Report: Banks Are Spending $1.7 Billion Each Year on Blockchain

    Adoption of the blockchain within the financial services industry is on an intense upward trajectory, according to the findings of management consulting company Greenwich Associates. They have found that the industry is spending about $1.7 billion per year on the technology. Banking Industry Spends $1.7 Billion Each Year...

    Ricardo Esteves | June 13, 2018 | 2:00 am
  • Blockchain

    Banks Lose International Payments Business to Disruptive Solutions Like Blockchain

    Transaction banking faces continued pressure from disruptive solutions from blockchain and cryptocurrency ventures, which are taking a significant share of a once-upon-a-time undisputed market. While bleeding customers and transaction volumes, banks remain confident that its legacy technology is ‘good enough for now.’ Banking Industry in Denial While Losing...

    Ricardo Esteves | May 24, 2018 | 1:00 am
  • Bank

    Argentinian Bank to Use Bitcoin for Cross-Border Transactions

    BMV bank has revealed a partnership with Bitex to allow customers to make cross-border payments in Bitcoin. They aim to utilise Bitcoin as a low-fee cryptocurrency which can be transferred across borders and easily exchanged for fiat currencies. Bank Moves from SWIFT to Bitcoin BMV said in a...

    tim copeland | May 22, 2018 | 10:00 pm
  • chile

    Chilean State Banks Closing Cryptocurrency Exchange Accounts Causes Concern Over Future of Industry in The Country

    CryptoMKT, one of only three cryptocurrency traders operating in Chile, was told late last week that state lender BancoEstado was closing its account within 10 days. The news comes after other commercial lenders Scotiabank and Itaú CorpBanca made similar account closure announcements and the country’s other banks declined to accept traders as clients. Santiago-based CryptoMKT —...

    Thomas Delahunty | April 2, 2018 | 9:59 pm
  • Crypto

    US-based Crypto Bank Uphold adds Ripple’s XRP with zero fee transactions

    Uphold, which describes itself as a “cloud-based financial services platform,” has added the option to buy XRP, the cryptocurrency of the global payment network Ripple. This addition brings the number of coins supported by the platform to eight, the others being Bitcoin, Litecoin, Bitcoin Cash, Bitcoin Gold, Ether, Basic...

    Thomas Delahunty | March 28, 2018 | 5:57 pm

NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.


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