Allianz Global Investors’ CEO has called for crypto assets to be “outlawed,” citing surprise over regulators’ lack of intervention. The CEO of Allianz Global Investors (GI), an investment management firm with €524 billion ($595 billion) in assets under management, has called for crypto assets to be “outlawed,” Reuters reported Dec. 11. Allianz GI CEO Andreas […]
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26 French companies along with five banks have successfully completed a blockchain-enabled KYC trial with R3 consortium. 26 French companies and five major banks have completed a Know Your Customer (KYC) test based on blockchain, according to a press release by the entrant firm RCI Bank and Services released Dec. 3. RCI Bank and Services, […]
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Deutsche Bank and the German insurance group, Allianz have partnered with the car exchange, Auto1 GmbH under the umbrella, Auto1 Fintech to facilitate automobile financing using distributed ledger technology. Together, they will offer this solution as an option for car dealerships to refinance loans and to offer new insurance products to their customers. The company […]
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