Royal Bank of Canada Explores Blockchain to Automate Credit Scores

A patent application by the Royal Bank of Canada outlines ways of using a blockchain-based system to make the credit rating process more transparent.

Ripple, 61 Japanese Banks to Launch “Money Tap” for Insta-Transactions

Ripple is teaming up with a Japanese consortium of 61 banks to work on an application named “Money Tap” that will allow instant transactions around the clock. The marriage of old and new is officially here.  Also see: Venezuela Is Managing Its Crypto Economy Just as Badly as the Regular One Subscribe to the Bitsonline YouTube channel for […]

Bank of Amazon? Online Retail Giant Considers Move Into Banking Services

Would you consider doing your banking with Amazon? According to a recent article on CNBC, the major online retailer may be considering such a move. However it appears the company is not looking to start an actual bank itself — instead, it’s considering offering banking products via partnerships. A survey of Amazon customers suggested the […]

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