gaurav shobhane

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Accenture patents blockchain editing tool for established banks

The fundamentals of blockchain – whereby a foolproof ledger of financial transaction is easily trackable and transparent – is now attracting the …

The Anniversary Of Lehman And Men Who Don't Work

Last week marked the 8th anniversary of the collapse of Lehman Brothers, the huge Wall Street investment bank. This bankruptcy sent financial markets into a panic with the remaining investment banks, like Goldman Sachs and Morgan Stanley, set to soon topple. The largest commercial banks, like …

The Financial Crisis Is Escalating!

Deutsche Bank and Commerzbank are presently in the process of merger talks. The fact that these meetings are occurring is a signal that Germany’s …

iOS Update Brings Global Blockchain Payments via Circle

Advertisement<p><b>Anyone with iOS 10 will soon be able to use blockchain payments app Circle to send and receive payments directly within Apple’s iMessage</b> …

Who will win in the age of open banking?

For Europe’s financial and banking industry, December 2017 will represent something of a reckoning: it’s the deadline by which countries in the European Union will be required to enact the revised Payment Services Directive (PSD2). Forming the foundation of the “open banking” movement along with …

What's Killing Branches Can Make Them Stronger

Smaller, yet service-oriented. Compatible with digital banking. Profitable.<p>That is the vision increasingly being painted of the bank branch of the …

Fines against Wells Fargo won't eliminate their shady banking practices

<b>To the editor:</b> Your article describes efforts to investigate<p>Wells Fargofor predatory practices. This latest fine against Wells Fargo highlights industry-wide practices that have resulted in billions of dollars in fines in recent years.<p>But, as a banker focusing on low-income communities, I don't …