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Cryptocurrency Holding Company Integrated Ventures Launches Blockchain Lending Solution

PYMNTS

Cryptocurrency holding company Integrated Ventures wants to disrupt the lending industry with blockchain. 18) of the launch of CryptoFunder, a blockchain platform that provides lenders with a way to store and manage lending information. Other companies have explored blockchain for the corporate lending space too.

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Credit Suisse and ING Complete $30 Million Securities Transaction on Blockchain Platform

Bank Innovation

million) securities lending transaction using blockchain-based software created by blockchain consortium R3. The application was built on R3’s Corda distributed ledger platform and in collaboration with financial resource management firm HQLAX. In a statement released today, Romain.Read More.

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Cred Opens Crypto Corporate Lending Platform To Developers

PYMNTS

Cryptocurrency-backed lending platform Cred is opening up its technology to third-party developers, the company has announced. The Crypto-Lending-as-a-Service (CLaaS) solution enables other crypto companies — including exchanges, crypto wallets or mining services — to integrate Cred’s lending functionality into their own solutions.

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How Opening Bank Data Can Transform SMB Lending

PYMNTS

FinTechs continue to push the envelope to see how far open banking frameworks can go in improving the SMB banking experience, and increasingly, SMB lending is shifting to the center of these collaborative efforts. In the U.K., ” The U.S.’s ’s Open Banking Path. While more financial service providers in the U.S.

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CULedger, IBM To Bring Blockchain-Based Services To Credit Unions

PYMNTS

CULedger , a credit union, has inked a partnership with IBM to create blockchain services geared toward credit unions. According to a report in Fintech Futures , the idea behind the project is to use permission-based blockchain technology so credit unions can reach more members that don’t have access to financial services.

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Invoice Financing Via Blockchain Targets SMB Cash Flow Problems

PYMNTS

USD equivalent to help fund its efforts to help companies secure loans against invoices (through linkups with investors) using blockchain and artificial intelligence. Many companies, he told PYMNTS, rely on private lending. Blockchain applications like smart contracts can help transactions to be completed faster and more efficiently.

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Blockchain Moves From POC Into Pilots And Beta Tests

PYMNTS

Blockchain applications may still be a ways away from real-world proliferation, but the technology is certainly beginning to take steps from proof-of-concept phase into beta and pilot testing. This week’s Blockchain Tracker takes a look at some of the latest initiatives to make progress and inch closer to a real-world launch.