fintech Tag

  Another day, another central banker broadsiding bitcoin. This time its Benoît Cœuré, a member of the Executive Board of the European Central Bank (ECB) who called the cryptocurrency “the evil spawn of the financial crisis.” So, how do you...

  International Monetary Fund (IMF), Managing Director Christine Lagarde told an international conference that central governments around the world should consider the value of issuing digital currencies. The IMF head said regulated digital currencies could help make digital transactions...

Pittsburgh-headquartered PNC Financial Services Group Inc’s treasury management division will use Ripple’s xCurrent technology to provide its business clients with faster international payments. Traditional international payments can often take banks as long as a week or more to clear...

  Banks and business would love to see blockchain solve their challenges of cross-border payments. At this early stage, it’s unclear whether blockchain can meet the three biggest problems of scalability, speed, and transparency, not to mention security. Payments...

  Fintech startup Abra recently decided to let customers buy cryptocurrency with credit cards. Meanwhile, Bank of America, JPMorgan Chase, Citigroup, Capital One, Discover and other major banks continue their policy of locking bitcoin and other altcoin purchases. It’s...

  Germany’s solarisBank today launched cryptocurrency banking services designed specifically for cryptocurrency businesses and consumers. The Berlin-headquartered digital bank is going against numerous mainstream banks who have prohibited consumers from buying cryptocurrency with credit and debit cards as well as...

  [caption id="attachment_6018" align="alignright" width="254"] Cybercriminal mastermind arrested in Alicante, Spain[/caption] In a coordinated sting, Spanish police, Europol and the FBI arrested a notorious Ukrainian hacker behind $1.2 billion (€1 billion) of ATM and bank scams across Europe and...