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European Investment Bank Digital Bond Sale on Ethereum to Drive Capital Market Evolution?

The European Investment Bank’s (EIB) debut digital bond sale on the Ethereum blockchain network is the latest change modern technology brings to finance. It’s a €100m bond issuance that could encourage others to adopt similar technologies. Expected benefits include a reduction in intermediaries and fixed costs, better transparency through the increased ability to see trading flows and identify asset owners, and faster settlement...

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BSV’s Blockchain for Government Initiative Visits Republic of the Sudan

The BSV blockchain ecosystem’s Blockchain for Government Initiative recently completed a historic week-long official visit to Khartoum, Republic of the Sudan, at the invitation of and under the patronage of the Ministry of Telecommunication and Digital Transformation. The visit centred around Sudan’s first-ever Blockchain Summit & Workshop, a two-day event held April 8-9 and led by the BSV ecosystem. The conference and...

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tZERO, Engineered Tax Services to Provide Clients Secondary Trading Opportunities

tZERO, a provider of blockchain technology and liquidity for digital assets, announced today that it has signed an agreement with Engineered Tax Services, Inc. (ETS), a licensed tax credits and incentives advisory firm. ETS is a licensed engineering firm with more than 150 employees that focuses on federal, state, and local tax credits and incentives. ETS caters to a diversified client base, which largely consists of several thousand...

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Climb Credit Taps Zest AI To Increase Student Loan Access And Inclusivity

Zest AI, a provider of software for credit underwriting, today announced a partnership with Climb Credit, a lender committed to a more efficient and inclusive way to fund education. Climb is using Zest’s Model Management System to power its student lending credit model and further enhance accuracy and fairness. The Zest-built model’s ability to improve accuracy can generate higher approval rates while further minimizing the...

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Ethiopia to Use IOHK Technology to Create ID, Recording Systems for Education

Global blockchain research and development company IOHK has announced a partnership with the Ethiopian government, to implement a national, blockchain-based student and teacher ID and attainment recording system to digitally verify grades, remotely monitor school performance and boost education and employment nationwide. IOHK’s Atala PRISM identity solution will enable authorities to create  tamper-proof records of educational...

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Barclays US Consumer Bank Expands POS Financing Suite to Include Installment Options Powered by Amount

Barclays US Consumer Bank has partnered with Amount, a leading technology provider for financial institutions, to become one of the first major U.S. banks to offer point-of-sale (POS) financing installment options. Barclays will also be one the first providers to offer merchants the option of a POS payment under the merchant’s own brand, which presents a unique opportunity for them to deepen connections with their customers. With...

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Why It’s Time to Retire the One-Size-Fits-All Approach to Banking

By Amit Dua, President and Global Head – Client Facing Group, SunTec Thanks to the COVID-19 pandemic, the Internet and anything digital has made deeper inroads into our lives and demand for digital banking services has accelerated manifold. Customers expect to be able to access up-to-the-minute and relevant information on their finances. Gone are the days where a banking customer will patiently wait multiple days for a transaction to...

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DeFi Technologies Completes Node Implementation for Shyft Network and Joins Shyft Federation

DeFi Technologies (NEO: DEFI) (GR: RMJR) (OTC: RDNAF) has completed its implementation of the Shyft Network Node and has become one of the main validators of the Shift Network.  The Shyft Federation – the private, semi-permissioned blockchain designed to embed trust, validation and discoverability into public and private ecosystems – has announced the launch of the Shyft Network compliance protocol. As a part of the launch,...