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ConsolFreight Releases New Proof Of Concept To Advance The Role Of Logistics Providers In Trade Finance

ConsolFreight Releases New Proof Of Concept To Advance The Role Of Logistics Providers In Trade Finance

"Banks are short-sighted in determining and validating the value of the goods being financed. They have drawn a very distinctive line between Logistics and Financial institutions, where the value of the assets is entirely disconnected from the process. Thus, leaving an untapped market of unfulfilled credit demand estimated at $1.6 trillion," says ConsolFreight's CEO, Ernesto Vila.

OFAC to Begin Sanctioning Companies Facilitating Ransomware Payments

OFAC to Begin Sanctioning Companies Facilitating Ransomware Payments

The OFAC may begin sanctioning US nationals and institutions that help facilitate payments in a ransomware attack.

Swiss Central Bank Announces its Central Bank Digital Currency Trial a Success

Swiss Central Bank Announces its Central Bank Digital Currency Trial a Success

The digital franc trial entailed settling large scale transactions between financial institutions through an experiment dubbed Project Helvetia.

Ripple Continues to Push for CBDC Development, but Will Banks Favor Stellar Lumens’ Technology Instead?

Ripple Continues to Push for CBDC Development, but Will Banks Favor Stellar Lumens’ Technology Instead?

Ripple’s wish to develop CBDC with banking institutions remain a steady aspiration but has its reputation been tarnished by the SEC to the point of no recovery?

Global Currency Organization Launches New USD Stablecoin USDD

Global Currency Organization Launches New USD Stablecoin USDD

The Global Currency Organization (GCO) has launched a new USDD token, a US dollar-backed stablecoin, intended for revenue sharing in institutions.

Exclusive: Lack of Interdisciplinarity - Culprit for FinTech Talent Shortage

Exclusive: Lack of Interdisciplinarity - Culprit for FinTech Talent Shortage

Professor Aris Stouraitis, Department Head of Finance & Decision Sciences at Hong Kong Baptist University shares with us the culprit of FinTech talent shortage! He also highlights how financial institutions, governments, and academic institutions can address this problem.

Microsoft and Finastra Open Cloud Solution to Exponentially Accelerate Innovation for 8,500 Banks and Institutions

Microsoft and Finastra Open Cloud Solution to Exponentially Accelerate Innovation for 8,500 Banks and Institutions

Finastra and Microsoft Corp have announced a strategic, multiyear cloud agreement to help accelerate the digital transformation of financial services and help realise and open source future for finance.

FinFabrik and Chekk sign MOU to live and breathe KYC into digital assets investment

FinFabrik and Chekk sign MOU to live and breathe KYC into digital assets investment

FinFabrik is pleased to announce that it signed a Memorandum of Understanding (MOU) with Chekk to integrate Chekk’s KYC capabilities to its market infrastructure “CrossPool”, enabling financial institutions in private markets to grow new digital asset businesses powered by distributed technology.

BTC Price Analysis as Whale Alerts Indicate More Institutions Buying Bitcoin

BTC Price Analysis as Whale Alerts Indicate More Institutions Buying Bitcoin

As Bitcoin soared to a new all-time high of $57,808, over a billion dollars’ worth of BTC has left Coinbase to unknown wallets. What can we expect from the BTC price?

Bakkt BTC Options Trading Falls To Zero: What Does This Mean for Mainstream Adoption?

Bakkt BTC Options Trading Falls To Zero: What Does This Mean for Mainstream Adoption?

The impetus behind Bakkt was to create a safe and regulated environment where larger institutions, corporation and investors would feel comfortable leveraging for access to the nascent crypto market. The trading volume or lack thereof seems to indicated that these larger investors are still weary of cryptocurrency.

NYDIG Expects to Hold $25 Billion In Bitcoin for Institutions by End of 2021

NYDIG Expects to Hold $25 Billion In Bitcoin for Institutions by End of 2021

NYDIG expects the company to continue holding for more bitcoins for an increasing number of institutions, with CEO Ross Stevens predicting around $25 Billion in BTC in 2021.

Crypto-Spring in Bloom as Institutions and Billionaire "OG" Investors Mature Towards Bitcoin

Crypto-Spring in Bloom as Institutions and Billionaire "OG" Investors Mature Towards Bitcoin

The Bitcoin price hit its peak of around $20,000 at the end of 2017, but over the last two years it has been trading at around half that value. Along with Bitcoin, other cryptocurrencies that take their cue from the success of the pioneer crypto, have also not achieved anything close to their values at the end of the 2017 ICO rush. But times are changing and according to Alexis Ohanian, co-founder of Reddit and early investor in Coinbase believes the crypto winter is thawing and asserts that we are on the cusp of a ‘crypto spring’.

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