New York-based startup R3 CEV originally sought to raise $200 million in its first funding round, but banks involved in the blockchain consortium expressed interest in investing just $59 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Blockchain, the U.K. bitcoin wallet provider, has reportedly opened its 10 millionth digital wallet. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
While more banks and businesses are delving into and even getting comfortable with the idea of blockchain, some businesses are removing themselves from it. Sort of. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Goldman Sachs has decided to drop out of the R3 CEV blockchain group, letting its membership lapse as of Oct. 31, reported The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Lo and behold, blockchain has entered the grocery aisle — especially if you’re perusing certain aisles at Walmart. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
With tax season just a few months away, which means the season for creative forms of tax evasion is soon to begin. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The price of bitcoin saw a steady rise this week after briefly dipping down below 700. The price as of the time of writing sits around $745. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
If we’re to “follow the money,” then we best see that connection to blockchain. Each week, a new bank seems to launch a new initiative infused with blockchain. This week, OCBC Bank announced that it is venturing a cross-border payments and fund transfers initiative by employing...
PwC announced Monday (Nov. 14) the launch of a new FinTech offering dubbed Vulcan Digital Asset Services. The service enables digital assets to be used for banking, commerce and other asset-related services, PwC said in a press release. Get the Full Story Complete the form...
