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Financial Services News

Financial services are services provided by money-managing businesses like banks, insurance companies, stock brokerages and others. Financial services evolve and grow alongside the economy of the country they are in. Modern developed economies have various financial services like foreign exchanges, investment services, insurance, venture capital, etc. The efficiency of financial services largely depends on developing technology. New technologies like telecommunication, the internet and, now, blockchain, have made financial services much faster and more secure. Blockchain financial services are currently the most efficient and cheap way for transferring assets and for performing deals through smart contracts. Future financial services may include implementing even more blockchain into their structure — for example, into their organization structure and information security system.
Opinion
CeDeFi presents a new financial system and it should be built by using the best of each other, with DeFi leading and CeFi contributing.
Decentralized and centralized finance need to collaborate
James Taylor
2021-08-05T16:11:00+01:00
2340
Opinion
It is not the cryptocurrency industry that is an exploitative hustle, it is our capitalist world, and crypto is here to change it for good.
No, Jackson Palmer, you are wrong about crypto
John Mac Ghlionn
2021-07-21T11:07:00+01:00
6351
News
The Provenance Blockchain Foundation launched its new, open source proof-of-stake blockchain in May. Shortly thereafter, parent company Figure Technologies anno...
Bison Trails provides infrastructure support to Provenance blockchain
Sam Bourgi
2021-07-13T14:44:43+01:00
1979
News
A report on the firm's holdings to the SEC for Q2 2021 revealed the bank's trust division had 29,498 shares in Grayscale's Bitcoin Trust, worth more than $880,0...
First Midwest Bank Trust Division increases Grayscale Bitcoin Trust holdings by 283%
Turner Wright
2021-07-08T21:15:00+01:00
2908
Opinion
It will take some time for consumers to warm up to crypto, but education is the key to its mass adoption.
Crypto is the next step toward a cashless society
Julian Hosp
2021-06-13T12:49:00+01:00
12286
Opinion
DeFi has marked the birth of an open alternative to the current financial system, promising broader financial inclusivity.
DeFi will bring global revolution to the traditional finance space
Neeraj Khandelwal
2021-06-13T08:11:00+01:00
16078
News
“The Arrington Algorand Growth Fund represents yet another key strategic pillar in supporting the momentum of those building on top of what we think is the best...
Arrington Capital to back Algorand projects with $100M growth fund
Sam Bourgi
2021-06-10T21:00:00+01:00
11336
Expert Take
Another hurdle financial services and institutions need to address is mainstream digital asset adoption.
Understanding the systemic shift from digitization to tokenization of financial services
Nitin Gaur
2021-05-30T15:32:00+01:00
17509

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