PrimaryBid closes £7 million funding round to fuel expansion
It will use the funds to expand its sales and marketing efforts and IT developments.
Trade Finance
Delta Capita and DTCC Collaborate on SFTR Testing
Delta will make the test pack available to DTCC to test its own SFTR matching and reporting service prior to launch.
Banking Technology September 2019 issue out now
Thriving in a hyper-connected world.
BIDV chooses Surecomp for digital trade finance transformation
BIDV praises Surecomp’s “commitment to its clients”.
Tinkoff launches Pulse social network for investors
Tinkoff’s app is now a “one-stop shop” for all communication.
Top fintech stories this week – 30 August 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Fujitsu collaborates with Commerzbank on securitisation project
“No longer any need to wait for commercial viability of true quantum computers.”
R3 partners with Wethaq to digitise Islamic capital markets
The platform will make Sukuk more accessible.
Digital assets focused SEBA receives Swiss banking licence
It is being hailed as a milestone for the blockchain and digital asset economy.
BMLL Technologies launches Derived Data Service
The service offers “unparalleled visibility” into the market.
Line and Nomura launch online brokerage in Japan
Nomura’s CEO steps away from its “uncool” offering to attract a younger, digital-savvy clientele.
ICE’s Bakkt set to launch bitcoin futures contracts
Bakkt is “cleared to launch” its trading in bitcoin futures next month.
Top fintech stories this week – 16 August 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Commerzbank and LBBW set a new blockchain milestone
This time they’ve integrated logistics provider, Logwin AG.
essDOCS enables first fully integrated paperless iron ore trade
The trade traveled from Australia to China on the Voltron blockchain.
Blade raises $4.3m from Coinbase
The crypto derivatives exchange is launching in three weeks.
CIBC chooses SEI wealth platform to drive growth
The technology provides an “enhanced, unified solution”.
B3 and Itiviti join forces for global connectivity
The stock exchange’s members can access the NYFIX portal.
ASB invests in NZ blockchain start-up TradeWindow
It’s one of the first technology companies to receive direct funding from a NZ Bank.
Top fintech stories this week – 9 August 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Saxo Bank completes acquisition of BinckBank
Saxo intends to initiate the statutory buy-out procedure.
IIG Bank Malta live with Temenos T24 core and digital platform
It also took Temenos’ financial crime mitigation module.
Nasdaq uses AI to root out stock-market abuse
It detects irregular trading patterns and alerts officials according to machine-learning.
Grayscale selects Coinbase to store $2.7bn worth of assets
Coinbase Custody had reached $1 billion in crypto AUM in May.
CFTC charges trader with spoofing in financial futures markets
The filing and settling charges are against the trader, Benjamin Cox.
Microsoft and Publicis Sapient back world’s first fully digital trade bank
The UAE-based Anglo-Gulf Trade Bank aims to address global trade finance gap.
New Zealand regulator suspends AxiCorp’s derivatives licence
The suspension is effective from 29 July 2019.
Top fintech stories this week – 26 July 2019
Catch up on FinTech Futures’ top five stories this week!
Digital US equities investment product launches in India
DriveWealth has partnered with Vested Finance.
Synechron launches new Libor impact analysis software
Its Accelerator uses data science to address the industry benchmarking challenge.
SquareBook wins FCA approval to offer IPO services
The company hopes to tackle conflicts of interest in the IPO process.
Swift shifts from MT to XML format
Payment transfers will be shifting to the ISO 20022 standard.
Blockchain firm Saga picks FIS for treasury management
Deloitte helped Saga pick its supplier.
Mitigram raises $10.7m to facilitate trade finance risks
The Swedish fintech gets another round a year after the first one.
Top fintech stories this week – 31 May 2019
The first Amadeus event on payments, a new Indonesian payment standard, and more!
First Marco Polo trade finance pilot between Asia and Europe
Bangkok Bank and Commerzbank test DLT-based trade finance solution.
Nasdaq concedes to Euronext in battle for Oslo Bors
Withdrawal comes after Euronext wins Ministry of Finance approval.
Standard Chartered partners with IBM to launch Trade AI Engine
Aims to significantly automate trade document processing.
SoftBank invests $800m into UK fintech Greensill
It puts Greensill’s valuation at $3.5bn.
HSBC targets simplified receivables process with DART digital solution
HSBC says the B2B connectivity platform is an industry-first.
