House of Lords committee says UK digital pound is “solution in search of a problem”
The Economic Affairs Committee cited financial, privacy and data concerns over UK CBDC.
The Economic Affairs Committee cited financial, privacy and data concerns over UK CBDC.
Our top pick of news from the world of finance and tech in bitesize video format, every week.
The test was facilitated by JP Morgan’s new blockchain-focused business unit Onyx.
Our top pick of news from the world of finance and tech in bitesize video format, every week.
The shared, private ledger enhances settlement speed and efficiency and reduces risk.
“With this latest investment, we look forward to deepening and expanding our solutions,” CEO says.
This is the latest in a number of distributed ledger innovations by the South Korean bank.
The company received its first bank licence as the sixth principal clearing bank of the UK.
The San Francisco-based company has now raised $100m in total funding to date.
HCL will set up a co-innovation lab in Brussels to explore emerging technologies.
Singapore’s TradeTrust enables counterparties and banks to validate documents digitally.
The bank is in the midst of a five-year transformation plan across its channels.
Koss joins from investment firm Rathbone Brothers.
The deal could be finalised by the middle of next year and is subject to regulatory approval.
The Immediate Cross-Border Payments project also involves 11 financial institutions.
Payments panel at industry conference cautions sector about incoming standard.
German exchanges operator aims for 80% of all securities to be digital by end of 2022.
Its new project, mBridge, experiments with new CBDC combinations.
The company has now raised more than $700m in total capital.
More funding deals you may have missed during a busy week of news.
VTB Bank’s Elena Barabanova joins us on this episode of the What the Fintech? podcast.
John Hunter will develop strategic customer relationships in both markets.
The California-based firm plans further growth and strategic acquisitions.
McGuire says she joins at a time of “pivotal” transformation.
Another batch of funding rounds that might have flown under your radar.
Central bank picks a range of systems from digital banking to treasury and credit facilities.
Another batch of funding rounds that might have flown under your radar.
Another batch of funding rounds that might have flown under your radar.
Another batch of funding rounds that could have flown under your radar.
The round is the largest Series A on record for the open banking industry.
A heaping helpful of funding rounds from this week to get your teeth into.
Mastercard partners with FinGo following Visa’s deal with ADIB.
Singaporean cross-border payments firm has raised $130m in total.
Cybersecurity firm has big ambitions for changing the cross-border sector.
Bank ABC’s deputy group CEO calls this a “landmark pilot”.
The platform will start by facilitating flows between Singapore-based banks.
Robinhood has held talks with underwriters about filing “within weeks”.
Both Fedwire and FedDACH went down this week, and remained so for a few hours.
The EU granted the UK temporary equivalence last September for derivatives clearing.
The bank cites “growing client demand for digital assets”.