Australian Banks Partner with IBM on Trade Guarantee Project

DLT	2020-9-7 17:07

A consortium of big Australian banks has successfully conducted a blockchain-based pilot with over 20 Australian businesses and IBM, according to a report. Australian banks look to blockchain IBM public cloud Lygon blockchain platform has successfully conducted its pilot with Australian banks ANZ, Commonwealth Bank of Australia (CBA) and Westpac, and a group of 20Read MoreRead More.

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australian banks ibm successfully conducted pilot blockchain

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Источник: btcmanager.com

australian banks → Результатов: 24

Ripple Sued by 13 Australian Banks for Trademark Infringement

Ripple Labs Inc. is being sued in an Australian court for allegedly infringing a trademark belonging to several local banks. A lawsuit filed by the New Payments Platform Australia (NPPA), a joint venture between the Reserve Bank of Australia and 13 domestic banks, claims that Ripple copied its PayID brand.

2020-8-29 09:00
banks ripple australia trademark sued australian reserve

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Copyright Infringement Case Takes a Twist As Ripple Holds The “PayID” Trademark

A consortium of Australian banks, led by the Reserve Bank of Australia, reportedly brought legal action against Ripple Labs for copyright infringement. The issue relates to PayID, a payment network operated by the Open Payments Coalition (OPC).

2020-8-28 14:15	XRPUSD
payid copyright ripple infringement issue action against

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Australian payments firm sues Ripple over PayID branding

New Payments Platform Australia (NPPA), a group comprising all the significant banks in Australia is suing Ripple. A Report unveiled this news on August 26, noting that the consortium sued Ripple after it went against Australia’s Trade Marks Act (1995) and the Australian Consumer Law by using the organization’s brand and trademark dubbed PayID without authorization.

2020-8-27 17:10	ripple
australia ripple payid australian payments trade act

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Chrono Tech Launches Australian Dollar Stablecoin in Spite of ‘Big Four’ Banks

The man behind the new Aussie dollar stablecoin, said the big four banks were not “allowed” to hold the fiat reserves for the cryptocurrency

2020-3-22 03:00	Regulation
banks four stablecoin dollar big allowed hold

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Is Crypto the Answer to Australian Banks Invading User Privacy?

Reports are emerging of Australian banks demanding customers complete detailed invoices over their use of funds as a condition for honoring transactions. Time for crypto to take over completely? Australian Banks are Now Asking Invasive Questions Crypto reporter and analyst Alex Saunders has noted that he is receiving reports that banks are now demanding customers to explain what their money will be used for before honoring withdrawals.

2020-3-7 21:18	Crypto
banks crypto australian customers demanding honoring reports

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Ripple's ODL product may not be adopted by Australian banks for some time: FlashFX's exec

Currently, there are five endpoints for ODL transactions in existence which include USD, PHP, AUD, MXN and EUR along with five corridors [USD-MXN, USD-PHP, AUD-PHP, AUD-USD, and EUR-USD]. However, theThe post Ripple's ODL product may not be adopted by Australian banks for some time: FlashFX's exec appeared first on AMBCrypto.

2020-2-20 01:00	Trading View
odl flashfx time exec ripple five banks

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Facebook's Libra won't be allowed, even if regulated: Australia's RBA

The Reserve Bank of Australia (RBA) has now confirmed that it is mulling over the digital version of the Australian dollar, a digitized currency commercial banks and other corporates across the countrThe post Facebook's Libra won't be allowed, even if regulated: Australia's RBA appeared first on AMBCrypto.

2020-1-9 14:24	Trading View
rba australia won facebook libra regulated allowed

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Over 8 Million Customers Affected as Major Outage Hits Australia’s Biggest Bank

The Commonwealth Bank, one of the “big four” Australian banks, has suffered a major outage that has left its more than eight million customers affected. Meanwhile, it is urging customers to be vigilant for scams.

2019-10-17 18:16	Bitcoin Innovation
customers scams vigilant bank outage affected major

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Australian Banks Set to Trial IBM’s Blockchain Platform for Retail Financing

The three largest banks in Australia, Commonwealth Bank of Australia, New Zealand Banking Group Ltd. and, Westpac Banking Corp are partnering with Scentre, a Westfield mall owner, to test IBM’s new blockchain-based bank guarantee platform for processing retail financing, reports Reuters on July 4, 2019.

2019-7-5 05:00	#ibm
australia blockchain banks platform new banking bank

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Australian Top Banks Join Scentre, IBM to Outstrip The Paper Bank Guarantees Using Blockchain

Coinspeaker Australian Top Banks Join Scentre, IBM to Outstrip The Paper Bank Guarantees Using BlockchainThree of Australia`s giant four banks have partnered with Scentre group and IBM to outstrip the paper-based guarantee technique, designing a blockchain network that will potentially intensify the agreements.

2019-7-4 16:22
outstrip ibm scentre banks using australian bank

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IBM, Top Australian Banks to Pilot Blockchain for Retail Lease Bank Guarantees

The blockchain pilot will digitize the bank guarantee process in an effort to tackle fraud and improve efficiency.

2019-7-5 11:00	Banking
pilot blockchain bank effort process tackle fraud

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Censorship Goes Global as Australian Bank Bans ‘Neo-Nazi’ Supremacist

By CCN Markets: One of Australia’s biggest banks this week announced they will be closing down the account of far-right activist Blair Cottrell on the 25th of July. Described by several media groups as a ‘neo-Nazi’, Cottrell posted proof of the closure via his Gab account.

2019-6-21 13:45
cottrell neo-nazi bans bank australian activist westpac

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Facebook’s Libra Crypto Launch Is Giving Jitters to Australian Banks

Coinspeaker Facebook’s Libra Crypto Launch Is Giving Jitters to Australian BanksFacebook's Libra Coin launch is giving jitters to Australian Banks who see the emergence of the Libra as a potential threat to the banking model.

2019-6-21 08:51
libra jitters australian giving launch banks crypto

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Report: Australians Lost Over $4 Million to Crypto Scams in 2018

The latest edition of “Targeting scams,” an annual report released by the Australian Competition and Consumer Commission (ACCC) revealed that the country saw a 190 percent increase in cryptocurrency scams, with a total of $6.

2019-4-30 20:07	#scams
scams million report crypto victims reported australia

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Aussie Banks Still Cold to Cryptocurrency Businesses Despite Regulation

Despite increasing regulation in the cryptocurrency sector, Australia’s major banks maintain cautious policies when it comes to cryptocurrencies. While cryptocurrency businesses appear to challenge Australian banks’ appetite for risk, many institutions permit cryptocurrencies to be purchased using credit cards.

2019-4-14 11:05
cryptocurrency banks businesses regulation despite aussie cryptocurrencies

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Austrac Joins Forces with Australian University to Develop Blockchain Solution for International Funds Transfer

In a bid to make it possible for banks, remitters, and casinos to automate international funds transfer instructions (IFTIs), the Australian Transaction Reports and Analysis Centre (Austrac www. austrac.

2019-2-26 02:00
blockchain austrac reports transfer international funds university

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Australian Banks Fraudulently Collected Fees From Deceased Customers

A national inquiry into the misconduct of Australia’s banking sector has revealed profit-driven malpractice that has shattered customer trust. Some of the country’s largest banks were found guilty of making families homeless and charging fees for non-existent services, sometimes to dead customers.

2019-2-6 14:35
fees customers banks australian deceased fraudulently collected

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Bitcoin ATMs Most Common Scam Payment Method in Australia

The Australian Taxation Office (ATO) has warned taxpayers to be “on high alert” for phone scammers demanding payment through bitcoin ATMs. It said payments via BTC cash machines have now overtaken iTunes vouchers as the most common method of scam payment reported to the tax authority.

2018-11-15 07:35	Visa
bitcoin payment method scam atms most common

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Bitcoin Magazine’s Week in Review: Challenging the Way It’s Always Been Done

This past week, we talked to three security experts about how to design smarter and more secure smart contracts. Google is dipping its toe in the blockchain waters by introducing integrations for applications built with Ethereum and Hyperledger.

2018-8-5 16:08
blockchain bitcoin google smart magazine security digital

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Home Equity Loans for Crypto Trading Banned by Australian Banks

The Australian Bank of Queensland has banned property buyers from using home equity to buy cryptocurrencies, the Financial Review reported July 12. The Bank of Queensland is reportedly the latest institution to bar credit lines from loans to be used for leveraged purchases or trading of cryptocurrencies. The Bank of Queensland is updating loan contracts,

2018-7-13 04:50	trading
bank queensland trading home cryptocurrencies equity loans

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Don’t Let Your Mortgage Meet Your Crypto – The Bank Of Queensland

As Australian authorities continue to push pressure onto the crypto-sphere, The Bank of Queensland, one of the countries biggest retail banks have decided to make a move which will see a change in the maintenance of their loan agreements.

2018-7-12 18:30	Cryptocoins
queensland bank your mortgage crypto don loan

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No Cryptos Planned for Issue by Central Banks in Australia and New Zealand

The central banks of Australia and New Zealand denied they would issue their own cryptocurrencies June 26, in a speech calling Bitcoin “fascinating” but “inefficient.” Addressing the Australian Business Economists in Sydney, Tony Richards, head of the Reserve Bank of Australia’s (RBA) payments policy, appeared hawkish on cryptocurrency as Australia’s government devotes considerable funds to

2018-6-26 17:07
australia new zealand banks issue central reserve

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Iota launches $100M Abu Dhabi foundation for Middle East expansion

The Iota Ecosystem DLT Foundation is the first to receive approval from regulators in Abu Dhabi after its financial authority passed a new, related law earlier in the month.

Blockchain adoption continues unabated — Bloomberg analyst

Blockchain adoption has been "unabated" throughout bull and bear markets over the past years, says Bloomberg analyst Jamie Coutts.

What is metadata in blockchain transactions?

Metadata in blockchain refers to additional information or data that can be associated with transactions or other elements on a blockchain network.

AI and blockchain will ‘reshape sectors’ and create new markets from scratch — Moody’s

According to an analysis from Moody’s Investors Service, AI and distributed ledger technologies are set to disrupt companies, industries and economies across the globe.

Citi survey: more firms exploring blockchain despite FTX setback

Citi's recent report highlights the growing engagement with DLT and crypto, emphasizing both the progress and challenges faced by the sector in the past year

U.K. Move to Digitize Trade Documents Could Rely on Blockchain, Government Says

The Electronic Trade Documents Act, set to take effect later this year, could make use of blockchain tech to improve security and reduce costs.

Wholesale CBDC Would Improve Cross-Border Payments, French Central Bank Tests Show

The French Central Bank has determined that its wholesale central bank digital currency (wCBDC) would improve cross-border payments, it announced on Friday.

2020-9-7 17:07

australian banks → Результатов: 24

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