A bank is a financial institution and a financial intermediary that accepts deposits and channels those deposits into lending activities, either directly by loaning or indirectly through capital markets. A bank is the connection between customers that have capital deficits and customers with capital surpluses. Due to their influence within a financial system and an economy, banks are generally highly regulated in most countries.
All stories in Bank
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HSBC leans on blockchain tech to process $250b worth of fx transactions
Global bank HSBC has processed more than 3 million foreign exchange (fx) transactions using blockchain technology.
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Central bank study shows little desire to issue digital currencies
63 central banks were surveyed on the status their proposed CBDCs, to determine the likelihood of an incoming wave of digitized ...
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South Korean bank wants to use blockchain to reduce human error
South Korea's second largest bank is in the middle of rolling out a blockchain-based system designed to reduce human error. ...
