Remove Bitcoin Remove Capital Remove Innovation
article thumbnail

Do Millennials Trust Bitcoin More than Banks?

Bank Innovation

The rising popularity of Initial Coin Offerings has put digital currency bitcoin more in the public eye, to say nothing of its skyrocketing valuation. Presently, a single bitcoin is worth just under $7,500. No, a survey released today by venture capital firm Blockchain Capital […].

article thumbnail

Bitcoin Daily: Citibank Analyst Says Bitcoin Will Hit $318K; Pakistan SEC Exploring Digital Asset Regulation; Binance Discontinues BGBP Stablecoin

PYMNTS

A Citibank senior analyst predicted that bitcoin could reach $318,000 by December 2021 in a report written for Citibank’s institutional clients, according to CoinDesk. Thomas Fitzpatrick’s report was leaked on Twitter Friday (Nov. 13) by user “ClassicMacro,” who noted in a tweet , “there is no edge in guessing targets so far in time with TA.

Bitcoin 296
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

‘Bitcoin Queen’ Margaux Avedisian Joins Bank Innovation 2018

Bank Innovation

Margaux Avedisian, executive vice president of Transform PR, has been on top of the bitcoin world for years now — centuries in cryptocurrency terms. EXCLUSIVE- If 2016 was the year of blockchain in financial services, the boom in cryptocurrency values in 2017 brought the banks’ attention back to the world of tokens and coins.

Bitcoin 199
article thumbnail

What is the State of Banking Innovation in 2017?

Bank Innovation

What is the state of banking innovation today? Bitcoin mania has died down in the fintech world, and the conversation has shifted to technologies like voice banking, payments, and alternative credit scoring. This year, the pressure for banks to innovate is high, as banks no longer […].

article thumbnail

Banking On APIs For B2B Innovation

PYMNTS

One of the key reasons for the complicated relationship – the term “frenemies” comes to mind – is that FinTech newcomers are demonstrating innovative approaches to traditional banking practices, including financial management services and money transfers, while older banks tend to be wedded to older systems. contact-form-7] About the Tracker.

article thumbnail

Bitcoin Daily: Lloyd’s Now Covers Crypto In eWallets; U.S. Treasury Adds Hacker Bitcoin Addresses To Blacklist

PYMNTS

Lloyd’s Head of Innovation Trevor Maynard said per the report that the British insurance company is the “natural home for insurance innovation because of the unique ability of syndicates to collaborate to insure new things.”. million from a group that included Mitsubishi UFJ Capital as well as Bank of Tokyo Mitsubishi UFJ.

Bitcoin 177
article thumbnail

Lloyds Banking Group Joins BofA, Chase, and Citi in Banning Bitcoin Purchases on Cards

Bank Innovation

Today Lloyds Banking Group confirmed it has banned customers from buying bitcoin with their credit cards. EXCLUSIVE – Add one more to the mix. The move comes only days after U.S. banks including Bank of America, Citi, and JPMorgan Chase have done the same. For Lloyds, that ban includes card credits for all the banks […].

Bitcoin 220