Do you wonder how big banks view Bitcoin? BBVA, who recently ranked Swedish exchange Safello as a finalist in their annual financial technology competition, BBVA Open Talent, followed up with a short explainer video on Bitcoin. In the space of three minutes, BBVA customers are treated to an accurate portrayal of how Bitcoin works from the perspective of a consumer. What do you think? Like and...
Safello, the Stockholm, Sweden-based bitcoin exchange, has moved a step closer to becoming a dominant European bitcoin exchange by winning a finalist spot in the BBVA Open Talent 2015 competition. The contest, now in its seventh year, awards innovative financial technology (“fintech”) projects that contribute to the financial service industry’s evolution. BBVA (Banco Bilbao Vizcaya Argentaria, S...
Safello, a bitcoin spending platform based in Stockholm, Sweden, has signed a proof of concept (PoC) with Barclays to explore how the financial services sector can harness block chain technologies. The agreement marks one of the highlights of the Barclays Accelerator Demo Day in London. It also marks first PoC that a U.K. high street bank has announced with a bitcoin company. Safello has already...
One of the hardest parts of maintaining and operating a bitcoin exchange in the United Kingdom is securing a bank account. Unfortunately, many exchanges in the area are unsuccessful in maintaining a partnership, and Safello thinks this is a catch 22 situation. Safello announced that they’ve broken through the market today by establishing a banking relationship in London, opening up the UK market...