Banking
Latest Banking news, analysis and explainers from Cryptomorrow: what changed, why it matters and what to watch next.
Banking / AUG 15, 2019List of Crypto-Friendly BanksThe last few years have seen many legacy banks experimenting with the blockchain craze in terms of testing new technologies.
Altcoins / JUL 28, 2019Here’s why Africa could be next frontier for cryptocurrenciesCountries leading in crypto markets in Africa currently are South Africa, Nigeria, Zimbabwe, Kenya, Ghana, and Botswana, which means some
Altcoins / JUL 19, 2019Advantages of cryptocurrencies over fiat currenciesCryptocurrencies have important and convincing use cases over ordinary fiat currencies issued and run by central banks and governments. These
Banking / MAR 15, 2019State of Cross-Border Transaction Settlement In Banking Industry: Who is doing what so far?Cross-border payments are probably the most referred to and known use case of blockchain and crypto/tokens in banking and financial
Banking / MAR 1, 2019South Africa bank to launch blockchain payment systemSouth African-based, Standard Bank aims to launch a private permissioned blockchain payment system to facilitate foreign exchange trades on behalf
Banking / FEB 27, 2019Frick to launch crypto institutional trading platform.Frick, a family-run, Liechtenstein-based bank announced on February 22 that they will launch a platform for institutional trading of cryptocurrency.
Banking / FEB 22, 2019Mastercard and Visa transaction fee to hike in U.S; will cypto offer merchants better deals?Mastercard and Visa are planning to increase fees they charge U.S. merchants for processing transactions, starting this April. The two
Banking / FEB 22, 2019How the blockchain is revolutionary tool for trading money market securities, tooThe Blockchain is set to revolutionize trading of and the transactions relating to money market securities following a recent successful
Banking / FEB 21, 2019Blockchain and crypto instant settlement are a perfect match for SMEsMany SMEs struggle greatly when it comes to cash flow issues, with a large number of them — 82% to
Altcoins / FEB 19, 2019More Banks Set to Launch Digital Currencies This YearJP Morgan bank is the latest bank, a major bank in the U.S. to launch a digital coin, and this
Banking / FEB 9, 2019Instant payments could break Visa/Mastercard duopolyVisa and MasterCard enjoy a duopoly, accounting for more than 80% of all European Union card transactions. But the dominance
Banking / FEB 8, 2019MinexPay Crypto Debit Card ReviewWe had the TenX, Wirex, Monaco, Shift and ePayments as providers of crypto debit card that can be used to
Altcoins / DEC 17, 2018UAE and Saudi Arabia to issue a cross-border cryptocurrencyUAE central bank is collaborating with Saudi Arabian Monetary Authority (Sama) to issue a cryptocurrency on blockchain, in order to
Banking / DEC 12, 2018Coinone launches a global remittance service appCoinone‘s payments subsidiary Coinone Transfer has relaunched its global payment and remittance app called Cross which uses Ripple’s xCurrent product
Banking / DEC 12, 2018CGCX.io to offer blockchain-based bank in MalaysiaCGCX.io is partnering with the Archipelago Group and an investment and asset management company IBH Capital to offer a blockchain-based
Altcoins / DEC 11, 2018Swiss Gazprombank to offer cryptocurrency servicesSwitzerland-based bank Gazprombank will start offering cryptocurrency services to its clients in mid-2019 as part of a solution that will
Banking / DEC 6, 2018Silvergate is largest bank for cryptocurrency startupsSilvergate Bank is now serving more than 483 cryptocurrency startups in the United States by providing them with banking services within a
Banking / DEC 6, 2018Signature Bank incorporates blockchain to allow instant commercial client paymentsA New York-based full-service commercial bank Signature bank has, in collaboration with a New York-based blockchain firm trueDigital Holdings…
Banking / DEC 3, 2018Wyoming passes a bill that supports blockchain bankingWyoming state legislators in the U.S. passed, on November 30th, 2018, a bill that allows for the integration of blockchain
Banking / NOV 17, 2018CDRX to replace traditional shares with cryptocurrency depository receiptsCryptocurrency is no longer an idea without a purpose. It has many purposes already. Yes, that’s rights. One of those
Banking / NOV 16, 2018Metropolitan bank to issue MCO Visa cards in U.S.After the launch of the Monaco card in Singapore, the program will now roll-out in the United States following a
Banking / NOV 8, 2018Mauritius crypto investment bank gets node from country’s financial regulatorFincross International, a new cryptocurrency investment bank based in Mauritius, has received an approval in principal for an investment banking
Banking / NOV 1, 2018Report: Millenials Distrust Legacy Financial Systems; 25% Using CryptoA quarter of America’s affluent millenials are either hodling or spending cryptos according to a recent report from Edelman. 31
Altcoins / OCT 29, 2018Panxora now lets anyone trade stocks using cryptocurrency as collateralAny person who holds Bitcoin, Bitcoin Cash, Ether, Ethereum classic and Litecoin among other cryptocurrencies can now generate returns by
Altcoins / OCT 29, 2018Meet Victorieum, a crypto startup and an offshore retail banking serviceWhile retail customer lending is nothing new in traditional banking, there are several limitations and barriers to overcome for lenders.
Banking / OCT 26, 2018Visa’s B2B Connect Platform to launch next year, integrates HyperledgerVisa is planning to launch the commercial version of its blockchain-based B2B Connect Platform in the first quarter of 2019.
Banking / OCT 26, 2018Huobi to expand into the Middle East, Africa and South AsiaSingapore-based Huobi cryptocurrency exchange is planning to expand operations to Middle Eastern, African and South Asian according to an announcement
Altcoins / OCT 25, 2018Japan now allows cryptocurrency firms to self-regulateThe Financial Services Agency of Japan has formally approved the Japan Virtual Currency Exchange Association (JVCEA), which gives the latter
Altcoins / OCT 22, 2018LibertyX is partnering with Genmega to bring 100 K Bitcoin ATMs in USABitcoin customers can now use debit cards to buy Bitcoin in up to 100,000 Genmega ATMs in the U.S. following
Banking / OCT 12, 2018This licensed off-shore bank is promising to bridge fiat and cryptocurrency by offering unified accounts and servicesEQIBank, which defines itself as the world’s first licensed and regulated bank for fiat and digital assets, has launched promising
Banking / OCT 11, 2018Singapore financial regulator to help companies secure banking servicesThe Monetary Authority of Singapore, which is the country’s central bank and financial regulator, says it is willing to help
Altcoins / SEP 27, 2018Swiss startup raises funds to build cryptocurrency bankSwiss-based cryptocurrency startup SEBA Crypto AG has raised $103 million to establish a bank that will offer cryptocurrency services and
Banking / SEP 26, 2018Bitwala to launch service that allows management of both cryptocurrency and fiat in one bank accountGerman blockchain banking service Bitwala is planning to launch a platform that allows users to manage fiat and Bitcoin funds
Banking / SEP 25, 2018Russian Raiffeisen Bank issues digital mortgage on blockchainThe Russian subsidiary of the Raiffeisen Bank International has issued its first electronic mortgage on Masterchain, a local blockchain. Masterchain,
Banking / SEP 20, 2018Brazilian CADE to investigate claims that banks are harming cryptocurrency operationsBrazil’s antitrust watchdog, the Administrative Council for Economic Defense (CADE) is investigating a number of banks in relation to the
Altcoins / SEP 14, 2018Swiss bank to offer accounts to cryptocurrency firmsMaerki Baumann, a Swiss bank, will partner with cryptocurrency firms to offer accounts to them. To that end, the bank
Banking / SEP 14, 2018SoftBank trials a blockchain payment platformJapan-based SoftBank, which is Uber’s largest shareholder, together with Synchronoss Technologies, Inc. and TBCA Soft Inc., have together trialed a
