Questions tagged [banks]

CryptoTamer Fri Dec 06 2024 | 7 answers 1553

I'm wondering if banks actually own any Bitcoin. With the increasing popularity and value of cryptocurrencies, I'm curious to know if traditional banks have started investing in Bitcoin.

Pietro Thu Dec 05 2024 | 7 answers 1836

Banks are moving to ISO 20022 because it provides a common language for financial transactions, ensuring greater efficiency, transparency, and standardization across the global financial system. This transition enables banks to streamline processes, reduce costs, and improve data quality.

ZenBalance Thu Dec 05 2024 | 5 answers 981

I'm curious to know which banks have adopted the use of XLM. I want to understand the adoption rate of this cryptocurrency among financial institutions and possibly explore its potential benefits in the banking sector.

Sebastiano Wed Dec 04 2024 | 6 answers 1573

I'm wondering if banks generally accept XRP as a form of payment or deposit. I'm curious about the acceptance and adoption of XRP in the traditional banking system.

Chiara Tue Dec 03 2024 | 6 answers 1181

ISO 20022 is a global standard for financial messaging, aiming to streamline and standardize communication between banks and other financial institutions. It enables more efficient and secure data exchange, improving interoperability and reducing costs. Banks benefit from ISO 20022 through enhanced cross-border payments, simplified reporting, and better data quality.