HYPR, a biometrics security firm, and BitGo, a bitcoin security platform, joined in a partnership to bring biometric authentication to the blockchain space. The BitGo-HYPR partnership is designed to enable a seamless customer experience and fulfill security needs. By doing so, it is able to...
Earlier this month, PYMNTS reported that JPMorgan had officially kicked off its blockchain test project. Now, a few weeks later, we know just how big that test is. Roughly 2,200 clients, according to Daniel Pinto, head of JPMorgan’s investment bank, as cited by The Wall Street...
The answer to questions about whether financial regulators will help propel blockchain technology’s potential may come sooner rather than later. What this means, of course, is that there’s evidence that those financial regulators have warmed up to how blockchain technology could be used to innovate...
Blockstream, a bitcoin-based blockchain startup, has secured what’s believed to be one of the biggest funding rounds of its type in the digital currency space. The company announced yesterday (Feb. 3) that it has raised $55 million in Series A funding in order to bring...
JPMorgan Chase has officially kicked off its blockchain test project, according to Financial Times. This step forward by a major bank is part of the financial services industry move to see how blockchain’s tech could bring efficiency and cost-cutting measures to the trading industries. This...
As more and more financial companies bet on blockchain’s technology to innovate financial services, there’s one topic of conversation that hasn’t been fully addressed: fraud transaction protection. At least that’s what one regulator is pushing for when it comes to investing in blockchain’s future. He...
Founded by former JPMC thought leader Blythe Masters, Digital Asset Holdings (DAH) has snapped up $50 million in funding in its latest round. The investment opportunity attracted a host of fairly well-known names in financial services, including Citi, Deutsche Börse and Santander InnoVentures. All in, the...
The blockchain is getting some major attention from 11 big banks, including Barclays, UBS and HSBC, all of which have shown their affinity for blockchain’s tech for some time. Reuters reported yesterday (Jan. 20) that the banks are testing a system that uses blockchain to...
