ING has developed a new ‘zero-knowledge range proof’ (ZKRP) code for blockchain designed to protect data privacy. The code adds a layer of cryptography to blockchain technology, to demonstrate the truth of a specific statement without revealing any additional...
Virgin Money has reported that underlying profit before tax increased to £128.6m in H1 2017 compared to £101.8m in H1 2016, with retail deposit balances rising to £29.6bn, +5% on FY 2016 and mortgage balances increasing to £31.8bn, +7% on FY 2016. Credit card balances...
Boston Consulting Group and the Association for Financial Markets in Europe have warned that Europe’s SMEs will be the biggest losers if banks face significant restructuring costs and extra capital requirements from a hard Brexit. Their research found that UK-based...
