Tag Archives: Bank


How Private Banks are Demonstrating Interest in Digital Currencies

  By David Drake   The year 2019 seems to have started off with a renewed interest in the cryptocurrency industry among banks. Just weeks after Falcon Private Bank in Switzerland introduced a digital wallet and direct cryptocurrency transfers, another Swiss private Bank, Julius Baer, which is among the largest private banks in the country, has announced it will offer […]

How Swiss Private Banks are Leading the Way in Offering Crypto-related Services

  By David Drake   Predictions of a better 2019 are rife in the crypto space as enthusiasts remain optimistic. Sonny Singh, the Chief Commercial Officer of Bitpay in a recent interview with Bloomberg predicted the possibility of bitcoin hitting highs of around $15,000 – $20,000 before Thanksgiving Day, 2019. Another cryptocurrency enthusiast, Ronnie Moas, has predicted a much higher […]

How Falcon Private Bank is Making Crypto Transfers and Fiat Conversions Possible

  By David Drake   Falcon Private Bank, a Switzerland-based bank, has announced that it now has a system that supports the direct transfer and storage of selected cryptocurrencies. The bank has introduced digital wallets called ‘Falcon Wallets’ that allow institutional and private customers to transfer cryptocurrencies as well as convert them to fiat. The digital coins that are currently […]

Will the Decision to Make Digital Assets Bankable Promote Crypto Industry Growth?

  By David Drake   Utilization of cryptocurrencies and blockchain in the banking sector is not an entirely new concept. Banks around the globe have either reacted positively or negatively to crypto implementation. Blockchain technology has, however, evolved from being ignored and seen in a bad light, to providing innovative solutions in the banking industry. On realizing its potential, banks […]

Why Falcon’s Digital Asset Service will Promote Crypto Integration in the Banking Sector

  By David Drake   Despite significant technological advancements, cryptocurrency critics have been described as a bubble that would burst and have adverse effects on its holders. This idea has largely been propagated in the banking sector because cryptocurrencies have been perceived as destructive to the already established business status quo. However, the reality is changing and slowly, banks are […]

Will Financial Institutions Consider Blockchain Technology in the Future?

  By David Drake   Institutions across sectors seem to agree that blockchain is an innovative technology that, undoubtedly, requires consideration as a future investment. As such, innovative projects are being built on blockchain technology to address different needs. However, questions are emerging on the ability of blockchain to scale commercially. In the financial sector, the Central Banks of Russia […]

Thomas J. Powell – Reasonable Regulation: That’s Allstate’s Stand

Reasonable Regulation: That’s Allstate’s Stand             Many companies involved in financial services cower when an official of any stature mentions the threat of national regulation, but Allstate has decided to embrace it. Since late April, Allstate has been pushing an advertising campaign that is rooted in support for creating a national regulation agency for all players in the financial industry, […]

Cash for Clunkers Part II: Dealers Have Clunkers, No Cash

Cash for Clunkers Part II: Dealers Have Clunkers, No Cash             In last week’s first Cash for Clunkers installment, Cash for Clunkers Part I: Good for Businesses?, I discussed the potential threat the program poses for small businesses. This week I am presenting Part II.             Auto dealers across the country have been accepting qualified jalopies from consumers in exchange […]

Learning To Trust Real Estate Again * Ally Bank * California’s Ongoing Challenges

Once Bitten: Learning to Trust Real Estate Again The housing bust burned real-estate investors. Even more frightening, many investors were blindsided by the bust because “credible” officials as high up as then -Federal Reserve Chairman Alan Greenspan were convincing them housing was immune to speculative bubbling. At some point, however, investors will be wise to forgive the real-estate market and […]