Despite the COVID-19 pandemic, banks are reluctant to suggest alternative channels to their customers, says report. A recent study examined the response of the 15 leading North American banks to the COVID-19 pandemic. Researchers discovered that tellers only at three banks wore masks 100% of the time. Participants visited 700 bank branches across the continent belonging […]
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Royal Bank of Canada previously stopped account holders buying Bitcoin with its cards, but is now reportedly interested in launching a crypto trading platform. A Canadian bank, which banned its clients from buying Bitcoin (BTC), could now become the first in the country to launch a cryptocurrency exchange. As innovation economy news outlet The Logic […]
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Coinbase Custody Trust Company has appointed Richard Neiman and Robert Easton to its Board of Directors, who previously held various leadership positions in the New York State financial regulatory system. Coinbase Custody Trust Company has appointed two new members, previously of the New York State Banking Department and the New York Department of Financial Services, […]
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A new survey reveals that organizations are not ready to implement blockchain tech, although a half of respondents are considering blockchain adoption. A new study has revealed that, while businesses are considering blockchain adoption, overall they do not feel ready to implement the technology. The survey was conducted by software development firm Globant and published […]
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The South Korean bank has filed 46 blockchain-related patents to connect new technology and banking systems through the tech. South Korea’s largest foreign exchange bank — Korea Exchange Bank (KEB Hana Bank) — has announced that it has filed 46 patent applications for business models related to blockchain, business technology news website ZDNet reports on […]
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A TD Bank survey revealed that 90 percent of finance professionals think that blockchain and DLT technologies will have a positive effect on their industry. A TD Bank survey revealed that 90 percent of treasury and finance professionals think that blockchain and distributed ledger technology (DLT) will positively affect the payments industry, according to a […]
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The rivalry that banks and FinTech firms might have experienced in the past now appears to be behind them. Both sides of the financial landscape appear ready to collaborate, with APIs acting to bridge the divide and to facilitate financial innovations. However, APIs are not only being used to promote greater collaboration between banks […]
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sponsored A decentralized fintech company has forged a partnership that will see its technology integrated into products offered by TD Bank, one of the world’s largest financial institutions. Hydrogen, a NYC-based business that was recently named KPMG’s fintech startup of the year has signed a public blockchain licensing deal with TD Bank – the world’s […]
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