Blockchain-based commercial bonds on the Russian market, Bitcoin recognition in Japan and new digital currency in Dubai. Our latest blockchain and Bitcoin round-up features National Settlement Depository, bitFlyer and Dubai Economy. Starting off in Russia, the National Settlement Depository (NSD) has unveiled the first blockchain-based commercial bonds on the Russian market based on Hyperledger Fabric […]
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
Enterprise software firm R3 and trade finance specialist TradeIX are developing an end-to-end open account trade finance business network which will be powered by TradeIX and R3’s Corda distributed ledger platform. The initiative is a joint undertaking between the duo, and 12 financial institutions including Bangkok Bank, Barclays, BBVA, Bladex, BNP Paribas, Commerzbank, CTBC Bank, […]
Exchange traded funds, certification, a rewards network and a new cryptocurrency. Our latest blockchain and Bitcoin round-up features Evolve Funds Group, DNV GL, Deloitte and Codemojo. Evolve Funds Group has filed a preliminary prospectus with the Canadian securities regulators for Canada’s first cryptocurrency exchange traded funds (ETFs), Evolve Bitcoin ETF (aka BITS). “Accessing Bitcoin is […]
Following swiftly on from the fintech funding round-up on 19 September, here’s more concise, cash-coated action. Features CivilisedBank, HighRadius, Swirlds and Luno. UK challenger CivilisedBank, which got its banking licence in May, has agreed terms for a further round of funding from current investor Warwick Capital Partners. No more details on that but the bank […]
Arguments, exchanges and something getting launched. It’s our blockchain and bitcoin roundup, featuring Chase CEO Jamie Dimon, Japan’s regulatory plans and alt. lending.
There’s a new fintech challenger in town. Toronto-based STACK announced its partnership with Mastercard two weeks ahead of the beta launch of its mobile financial services app and companion prepaid card.
Enterprise software firm R3, the UK’s Financial Conduct Authority (FCA), RBS and another unnamed bank have built a prototype application for regulatory reporting of mortgage transactions on R3’s Corda distributed ledger technology (DLT) platform. The application is also able to generate automated delivery receipts for the regulator when a mortgage is booked. The application was […]
The landscape of cross-currency (FX) payments is taking on a whole new look – creating challenges for corporate financial managers and the need for new banking solutions.
Welcome to fintech central! Good service operating on all lines. The latest edition of our flagship magazine – Banking Technology – is out now, packed with news, analysis and insights, case studies, research and expert commentary.
The UBS-led effort to create a digital cash model for payments and settlement on blockchain has got six new banks onboard, according to the Financial Times. As Banking Technology reported in August last year, BNY Mellon, Deutsche Bank, ICAP and Santander joined UBS and Clearmatics to advance their utility settlement coin (USC) concept, and plan […]
Audio ambitions, accelerators and an association. It’s our latest blockchain and Bitcoin round-up. Featuring Anryze, Starta Accelerator and the Russian Association of Blockchain and Cryptocurrency. Anryze, which provides a blockchain platform designed for speech recognition and analysis, has announced it will hold a token sale to develop its product and expand into new markets. The […]
Do you want fries with that? France-based Capgemini is likely to hear that phrase a lot more now that it’s signed a multiyear IT strategic provider agreement with McDonald’s Corp. Meanwhile, Burger King Russia is jumping on the cryptocurrrency bandwagon.
Nations, platforms and some bad news in our latest blockchain and bitcoin roundup. Find out more about the SEC’S suspension of First Bitcoin Capital Corp., an initial coin offering for cryptocurrency exchange platform KyberNetwork and more.
Nations, platforms and some bad news. It’s our latest blockchain and Bitcoin round-up. Featuring securities in South Korea, KyberNetwork and the suspended First Bitcoin Capital Corp. Over in South Korea, 18 securities firms will start offering blockchain-based authentication services from October for the “first time in the world”, according to BusinessKorea. This follows the investment […]
Financial services IT consultancy Synechron is working with enterprise software firm R3 on a distributed ledger technology (DLT) collaboration to develop a know your customer (KYC) solution. The solution will be built on R3’s Corda platform – that “operates in strict privacy in an open, global network”. The project aims to improve data collection, data […]
Hot on the heels of the round-up on 18 August, here’s another blockchain and Bitcoin report. Featuring D+H Corporation (now Finastra), Visa, BTCS and Blockchain Global. A patent filing frenzy seems to be occurring at present. Following on from Bank of America filing three new patents using blockchain earlier this month, we now have D+H […]
Quickly following on from the round-up on 16 August, here’s more blockchain and Bitcoin action. Features the Australian government, Blockchain (as in the firm), ShapeShift, Bitstamp and Payza. The Australian government has launched a crackdown on money laundering and terrorism financing – including the digital currency exchange sector being regulated for the first time. The […]
Did you know that the FBI owns 1.5% of the world’s Bitcoin!? Get ready for some super scrolling with “ten years of the world with Bitcoin” – and 58 insane facts. Infographic and research courtesy of Bitcoin Casino. Source: Bitcoin Casino
Blockchain and Bitcoin are flying high – literally in one case – as we now have satellites in space. Our latest round-up features Bitcoin Cash, Blockstream, Falcon Private Bank and Bitcoin Suisse. Bitcoin’s value doesn’t need to be discussed every day, but today (16 August) on the US-based Bitfinex exchange, it has been holding at […]
Market players are bullish on the near- and longer-term promise of fintech, according to new research by Opimas, “Fintech Spending and Innovation in Capital Markets”. In 2017, it estimates fintech spending across all capital markets participants to exceed $127 billion.
Fintech zeitgeist! This week, Banking Technology’s editor Tanya Andreasyan muses about the growing trend of celebrity endorsement in the fintech world.
This infographic, courtesy of Savi Technology, explains how blockchain links offer immutable, trackable parcels of data that can include “smart contracts”, instructions such as other transactions that will be triggered to perform automatically later.
SIX Swiss Exchange and Nasdaq and working with blockchain tech company Chain to provide distributed ledger technology (DLT) for for SIX’s over-the-counter (OTC) structured products business.
Following a year of development and testing, R3, CGI and eleven banks unveil a prototype of a trade finance app built of R3’s Corda distributed ledger technology (DLT).
Following on from Tuesday’s (1 August) round-up, here’s more action from the busy blockchain and Bitcoin scene. Features Gwyneth Paltrow (yes, really), Abra, Gibraltar Stock Exchange and WannaCry. Actress and food writer Gwyneth Paltrow has joined Abra, a Bitcoin-based digital wallet app, as an advisor. In an episode of American reality show “Planet of the […]
What’s in a name? Blockchain solutions company Ripple is about to find out. The company has unveiled a new name for its existing global payments network, as well as a handful of new solutions.
Bitcoin has split in two as a breakaway group of Bitcoin miners and developers plan to create a new network that increases its transaction capacity. After two years of disagreements over network scalability issues, a user-initiated hard fork occurred, creating two versions. The one we know it as today still exists (BTC), and the new […]
The world of blockchain and Bitcoin rumbles on with patents, platforms and positives. Our latest round-up features Bank of America, Blackmoon Financial Group, and research from Cognizant. Bank of America (BofA) has filed three new patents using blockchain. On the US Patent & Trademark Office’s website it now reveals the details. Some of the patents […]
The partnership between central securities depositary Euroclear and Paxos for a blockchain-powered gold settlement service is over, according to Reuters. As Banking Technology reported last year, the pair completed their first pilot for the service for London bullion – with a go-live planned for this year. Over 600 OTC test bullion trades were settled on […]
Blockchain technology investor Medici Ventures has teamed up with Symbiont, providing investment to the company and announcing a collaboration involving both Medici and its parent company Overstock, reports Finovate (Banking Technology’s sister company). The partnership will enable Medici Ventures to become the first company to register corporate ownership shares using the blockchain. The news follows on […]
From Bitcoins to even newer (and lesser known, but rising) forms of currency, will this level the playing field for people in the future, or is this all just a sham that will die down? As things get digitised, what do we need to know about digital currencies, and does this mark the demise of traditional forms of currencies?
Don’t expect silence or tumbleweeds blowing down the street in the world of blockchain and Bitcoin. Our latest round-up features Microsoft, LedgerX and Bank of America Merrill Lynch. Microsoft is introducing enterprise smart contracts as it delves deeper into the blockchain arena. This announcement, in a long blog post, follows on from last year’s launch […]
Fintech zeitgeist! Every Monday, we might look back at last week; look ahead to this week; share a few thoughts (our own or others); or discuss anything that catches our eye. This week, Claire Calmejane, director of innovation at Lloyds Banking Group, presents “Digital Zero to Hero: Myth Debunking”. (This is part of a series […]
National Bank of the Republic of Belarus, the country’s central bank, says it has created an information network based on blockchain technology, “which may be used to tackle a wide range of modern and promising banking and non-banking tasks”.
Following on from yesterday’s fintech funding fun, here’s our latest round-up. Features Finstar Financial Group, Adjoint, Karmic and Trupay. Finstar Financial Group will invest $150 million into new start-ups over the next five years, Oleg Boyko, the chairman of Finstar, has confirmed. The money will also be used for research and development (R&D) within the […]
Fintech zeitgeist! Every Monday, we might look back at last week; look ahead to this week; share a few thoughts (our own or others); or discuss anything that catches our eye. This week, David Siegel, CEO of Twenty Thirty, a Swiss-based blockchain company, offers up “Ten Simple Rules for Crypto-Investing”. 1. Put a small amount […]
From a mystery to a European duet. Our latest blockchain and Bitcoin round-up features the secretive SafeToken, China’s Asset Collection Chain, Swissquote and Bitstamp. A former (and anonymous) Goldman Sachs employee has launched the first “anti-bubble” derivative for Bitcoin. They didn’t reveal their name in their email or on the website. A search around hasn’t […]
Catch up on Banking Technology’s top five fintech stories of the week – all in one place! Aktia Bank finally live with Temenos T24 core banking system “Some system repairs will be carried out during the following weeks.” HSBC and Barclays pilot banking without borders Testing use of a citizen’s national digital identity. ANZ, Westpac […]
Enterprise software firm R3 is working with Intel to beef up its data privacy and security for Corda, its distributed ledger technology (DLT) platform. R3, which used to call itself a blockchain consortium, says Corda only sends data to those who have a “need to know”. According to the company, this feature emerged from the […]
