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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Dutch researchers are developing quantum technology to secure your bank account
With high speed 5G wireless networks and quantum computers on the horizon, everyone’s personal data is becoming ever more ...
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Donald Trump's critique of Bitcoin is antiquated and irrelevant
US President Donald Trump, known for his complicated relationship with technology and his incessant need to share his ill-advised ...
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India bank manager arrested in cryptocurrency Ponzi scheme crackdown
The allure of fast profits from cryptocurrency appears to have been too great for one bank manager in India who has been ...
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Goldman Sachs might launch its own ‘cryptocurrency’ – just like JP Morgan
American banking giant Goldman Sachs might be following in the footsteps of its competitor JP Morgan to launch its own cryptocurrency. ...
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Two-thirds of failed stablecoin projects were backed by gold
Most of the stablecoin projects announced since 2017 are still yet to launch, and two-thirds of stablecoin projects that ...
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JP Morgan claims big institutions are hot for its (non-)cryptocurrency
Despite dividing opinions earlier this year with JPM Coin, American bank JP Morgan is rolling out its blockchain-based tech ...
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Big banks are launching a blockchain trade platform powered by ‘Bitcoin-like’ token
A group of financial firms led by UBS Group AG is eyeing blockchain technology for settling cross-border trades with its ...
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ABN AMRO is helping BUX blockchainify its new stock trading app
A division of the major Dutch bank ABN AMRO and a mobile trading app are collaborating to offer stock investments using the ...
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German watchdog accuses CoinBene of unlicensed cryptocurrency trading
Cryptocurrency trading platform CoinBene has been put under the microscope again following an announcement from one of Germany's ...
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Thailand's oldest bank hints at new blockchain app powered by Ripple
Thailand's oldest bank, Siam Commerical Bank (SCM), has hinted it will be experimenting with blockchain technology powered ...
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Dear NY Post, didn’t you learn anything about Bitcoin?
It's that time of the year: NY Post's cryptocurrency pseudosopher John Crudele has published his annual diatribe against ...
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ABN AMRO signs on Accenture and ING Bank for its blockchain inventory platform
ABN AMRO is launching a blockchain-powered trade inventory paltform – and it's convinced ING Bank and Accenture to join ...
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Dutch bank ABN AMRO ditches its Bitcoin wallet because it’s ‘too risky’
Dutch bank ABN Amro has decided to cancel its plans for a cryptocurrency wallet, called Wallie, claiming that digital assets ...
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NY Attorney General goes after Tether and Bitfinex for $850M cover-up
The New York State Attorney General (NYSAG) is reportedly building a case to sue cryptocurrency exchange, Bitfinex, and stablecoin, ...
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Danish hustler jailed for laundering $500,000 worth of dirty Bitcoin
Bitcoin is not as anonymous as you might think. A Danish man has been handed a prison sentence after using the digital currency ...
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You’ll need a bank account to use UnionBank’s new Bitcoin ATM
Users will be required to use a UnionBank of the Philippines bank account to exchange funds to and from Bitcoin at the bank's ...
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Ripple partners with Federal Bank in India for cross-border payments
Private bank, Federal Bank Ltd. in India has partnered with blockchain infrastructure provider, Ripple, to facilitate international ...
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Financial bigwigs are still shitting on Bitcoin
For years, financial bigwigs have criticized cryptocurrencies such a Bitcoin, while often lauding its underlying blockchain ...
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Moonday Mornings: Japanese ecommerce giant Rakuten may be getting into cryptocurrencies
Your weekly dose of over-the-weekend blockchain news is here: Indian scammers swindle investors out of $14 million worth ...
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JP Morgan’s new digital 'coin' is not a cryptocurrency, or even a stablecoin
Do we really need another digital payment thing for institutional players to send money between themselves? JP Morgan says ...
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Saudi Arabia and UAE confirm joint cryptocurrency trial
Saudi Arabia’s and the United Arab Emirates’ (UAB) central banks have teamed up to test a new cryptocurrency.
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ABN AMRO isn't making a Bitcoin wallet - but it might
Earlier this week, ABN AMRO appeared to confirm via Twitter that it's running a trial of a new cryptocurrency wallet. But ...
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Major Dutch bank bets on NY blockchain firm with 5-year deal
Dutch multi-national banking giant ING has signed a five-year deal with a blockchain services firm to roll out distributed ...
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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. ...
