#JPMorgan #Chase & Co. and the #National #Bank of #Canada (NBC) announced today that they tested a debt insurance simulation on a new #blockchain platform. NBC issued a one-year, floating rate certificate of deposit for $ 150 million dollars to JPMorgan on the platform, with JPMorgan creating a replica transaction to NBC using a debt issuance […]
Bank Innovation
Startup #Varo #Money has raised $ 45 million for its plans to #become a full-fledged, “#national #bank,” the startup announced yesterday. The funds will go towards marketing its service as well as for laying “the foundation” to become a bank, company CEO Colin Walsh told TechCrunch. Varo, a mobile banking startup that provides an FDIC-insured bank […]
Bank Innovation
The Israeli government is creating its own “digital shekel,” according to multiple reports. The move is apparently driven by the desire to reduce black market activity, which makes up 22% of the country’s GDP, the report says. Hand in hand with this is a move to reduce paper cash, a great deal of which is […]
Bank Innovation
The #National #Bank of #Australia (NAB) will create 600 new #technology jobs. This announcement comes just a few weeks after the bank said it was cutting 4,000 jobs. The new job additions will help the bank build its #tech presence in order to efficiently #compete with the burgeoning #fintech #industry, NAB said. According to reports, […]
Bank Innovation
Want a #national #bank that’s #mobile-only? So does #Varo #Money. Varo applied for a banking #charter from the Federal Deposit Insurance Corporation (#FDIC), as well as for a charter from the Office of the Comptroller of the Currenc, in the hopes of forming “Varo Bank,” the mobile banking startup announced today. “[Varo] was founded o […]
Bank Innovation
Today starts the #Football European Championship in France. This is why we present here our selection of the Top #Swiss #Fintech (Football) Players.
Switzerland Timetable: Hopp Schwiiz!
Saturday, 11th June
3pm: Albania – Switzerland (Bordeaux)
Wendsday, 15th June
6pm. Romania- Switzerland (Paris)
Sunday, 19th June
9pm: Switzerland- France (Lille)
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