Accenture and Digital Ventures co-launch blockchain trade solution
The new solution is based on R3’s Corda.
Trade Finance
Fidelity launches Fidelity Digital Assets for crypto tech
Bringing blockchain and crypto to institutional investors.
Clearmatics raises $12m to build new financial market infrastructure
Building P2P networks for trade finance.
Philippine lending platform First Circle raises $26m
Aims to expand to other countries in the region next year.
Societe Generale agrees to deploy Duco’s platform
Duco SaaS platform for reconciliation and data control systems.
we.trade teams with three former Batavia consortium banks
CaixaBank, Erste Group and UBS join as shareholders and partners.
Cashforce powers BNP Paribas corporate banking
Solution connects bank’s treasury department with business and finance.
Banks and traders unveil Komgo for blockchain-based trade finance
15 big names behind new Geneva-based entity.
MUFG rolls out MIT’s TRAC collateral management system
Will support bank’s commodity trade finance team in London.
AI wealthtech Pagaya closes $14m funding round
Its tech is meant to help institutional investors and asset managers.
Standard Chartered and Siemens to pilot blockchain-based smart guarantees
Collaborating with digital trade provider TradeIX.
Singapore Exchange and regulator seek cross-DLT settlement
Developing delivery versus payment (DvP) capabilities.
JP Morgan breaks broker hearts with free trading app
You Invest undercuts most digital trading competition.
UMB Fund Services revamps ETF systems with Temenos
Yeah, we get it, you can customise it.
Debonair DNB completes trade finance test with Marco Polo
First release of the TradeIX platform on blockchain goes well.
Bank of England confirms blockchain viability for RTGS
DLT-based settlement with central bank money is alive and kicking.
Sumitomo Mitsui Trust Bank goes live with DTCC’s Alert
Becomes the first Japanese global custodian on the database.
NatWest and Large Credit Union Coalition join R3’s blockchain club
UK bank and Canadian group provide double delight.
Velocity accelerator calls for wealthtech start-ups
The programme will last six months and start in October.
Tradeteq takes in $6.3m funding
Trade finance distribution platform plans new apps and data services.
Hong Kong banks setting up trade finance blockchain platform
With ambitions of expansion across industries and jurisdictions.
Share-buying Dabbl app overfunded in first Seedrs campaign
Designed as a low-barrier entry for the public.
First trades go live on we.trade blockchain platform
Ten companies traded via four banks.
Blockchain Summit 2018: the role of banks and how not to get lost in the hype
Banks seek to define their role amidst all the new kids on the block.
VAKT on guard for commodities on blockchain
Partners with Deloitte and ThoughtWorks for post-trade processing.
London stock market freezes for an hour due to technical issue
The issues were only temporary, but delayed trading for an hour.
Why blockchain could revolutionise trade finance documentation
Standards, regulation and a network all need to be fully achieved before widespread adoption.
Goldman Sachs heads $250m funding round in Tradeshift
Firm says its valuation now stands at $1.1 billion.
Commerzbank makes first major FX pilot transaction via blockchain
First deal involving a large German corporate.
Addiko Bank puts digital banking solutions on Appian
Austrian bank finds the way to low code developer’s platform.
Top fintech stories this week – 18 May 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Commerzbank calls on R3 Corda blockchain for trade finance thrust
A boost for trade and supply chain finance services.
HSBC and ING in blockchain-backed trade finance breakthrough
“First” scalable trade finance transaction on R3’s blockchain platform.
Citizens Bank in trade finance tech revamp with Finastra and Infosys
On the way out is CSI’s Banktrade trade finance system.
Diamond Bank sells UK subsidiary to industrialist Sanjeev Gupta
To be renamed as British Commonwealth Trade Bank (BCTB).
First pilot client transactions executed on Batavia trade finance platform
IBM and big banks’ blockchain initiative makes progress.
Vietcombank revamps trade finance tech with Finastra
Finastra’s Fusion Corporate Channels and Trade Innovation will cover front-to-back office trade finance ops.
Big guns team up for Marco Polo blockchain trade finance initiative
BNP, Commerzbank and ING joined by Standard Chartered, DNB, and OP Financial Group.
Tradeshift explores new Frontiers with innovation lab launch
To boldly go where many other fintech firms have been before.
Danske Bank digitises international trade with essDOCS
To help the bank’s corporate customers to go digital on international trade related documents.
