Banking


Markets

Middle East Investment Bank: Bitcoin Could Ignite Regional E-Commerce

Middle Eastern investment bank Markaz has issued a report on bitcoin's potential in e-commerce and the oil trade.

kuwait

Markets

European Bank to Study Benefits of Integrating Bitcoin Technology

The Estonian bank LHV will examine bitcoin bank services and the use of the block chain technology.

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Markets

Capital One Hiring Data Analysts With Bitcoin Know-How

The US bank holding company is seeking data scientists with sufficient expertise to investigate cryptocurrencies and other disruptive technologies.

data mining

Tech

Fidor Exec: Banks Can't Avoid Competition from Cryptocurrencies

Fidor COO Michael Maier tells CoinDesk about the bank's growing role in serving and expanding the digital currency ecosystem.

Dollars and bitcoins

Markets

Saxo CEO: Bitcoin's Liquidity Problems Are Driving Banks Away

Saxo Bank co-founder and CEO Lars Seier Christensen has said the market isn't right for banks – yet.

Lars Seier Christensen, Saxo Bank CEO

Markets

New Mobile Payment System 'Paym' Poses Challenge for Bitcoin

A new payment system, Paym, allows people to send money to each other using only mobile numbers.

phone

Markets

National Australia Bank Turns Back on Bitcoin, Closes Accounts

Australia's bitcoin-friendliest bank turns cold, closing accounts due to 'unacceptable risk' to its business and reputation.

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Markets

Federal Bank VP: Bitcoin Threat Means Banks Must 'Adapt or Die'

The Federal Reserve Bank of St. Louis can compete with bitcoin as currency, but not payments, said David Andolfatto.

fedstlouis

Markets

UBS: Banks Could 'Absorb the Benefits' of Bitcoin

In a new report, UBS indicated it sees bitcoin's technology as capable of reducing financial costs while improving security.

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Markets

Bitcoin Banking, Solving ID Theft, and Why Regulators Should Love Pasties

John Law wonders if cryptocurrencies could secure your cash, BLTs could protect your ID and bitcoin is wrongly named.

coins