Blockchain

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Envoy partners TradeSun on AI document processing

Today, Envoy Group announces that it has teamed up with TradeSun to offer an automated document reviewing process which will significantly reduce the time taken to complete trade finance transactions.

/wholesale

Blockchain Association of Singapore launches

Today, the Blockchain Association Singapore (“BAS”) announced its official launch.

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EastNets reveals that 28 institutions are now receiving watchlist updates over blockchain

EastNets is pleased to announce that 28 financial institutions are now live users of a real-time watchlist feed, delivered securely over blockchain.

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Contour partners with Chinsay following a successful transaction with Cargill and Rio Tinto

Contour, the open trade finance network, has today announced its partnership with Chinsay, the leading technology company in supply chain data capture and risk management, as an order partner to enhance its offering to trade finance professionals.

/crypto

Sygnum Bank launches digital CHF token

Sygnum, the world’s first digital asset bank, has launched the Sygnum Digital CHF (DCHF), a settlement token pegged to the Swiss Franc.

/Blockchain

Credit Agricole to explore new frontiers in blockchain with Marco Polo trial

Following an evaluation period in 2019, Crédit Agricole CIB has announced that it is entering a pilot phase on the Marco Polo Network, one of the largest and fastest growing trade and working capital finance networks in the world, focusing on bringing significant efficiencies in trade, receivables and supply chain financing.

/Blockchain

AMF floats creation of European 'Digital Lab' for security token experiments in financial settlement

Legal analysis on the application of financial regulations to security tokens and precisions on bulletin board

/Blockchain

Alchemy partners with Skeps to build blockchain infrastructure for consumer loans

Alchemy Technologies, (“Alchemy”) a leading fintech infrastructure development company partners with Skeps, a decentralized marketplace for consumer loans built on blockchain technology.

/Blockchain

R3 appoints former IBM and AWS exec to head up partner programme

R3, the enterprise blockchain software firm, has appointed former IBM and Amazon Web Services executive, Dorothy Copeland, as Global Head of Partner Ecosystem & Alliances.

/Blockchain

Japan's Financial Services Agency institutes 'Blockchain Governance Initiative'

On March 10, 2020, The Financial Services Agency Japan (JFSA) and Nikkei Inc. held “BG2C - Special Online Broadcasting Panel Discussion.”

/Blockchain

Samsung SDS and Credorax form distributed ledger pact

Today, leading smart payments provider and fintech bank, Credorax, and global leader in digital transformation and innovation solutions, Samsung SDS Europe (SDSE), announced the signing of a memorandum of understanding (MoU) to develop and bring to market Credorax’s fully automated, distributed ledger-based account reconciliation platform.

/Blockchain

Crowdz pilots blockchain-powered invoice exchange

Crowdz opens private pilot for the world's first invoice financing marketplace, InvoiceXchange, enabling businesses to auction off their unpaid invoices in return for invoice financing.

/Blockchain

Standard Chartered signs with Cobalt

The foreign exchange post-trade infrastructure provider Cobalt, has today announced that Standard Chartered is the latest client to sign.

/Blockchain

Telcos trial blockchain-based cross-border mobile payments

The Carrier Blockchain Study Group (“CBSG”), the global blockchain consortium of telecom carriers and US-based TBCASoft (“TBCASoft”), today announced that Taiwan-based Asia Pacific Telecom Co., Ltd. (“APTG”) and a US-based carrier jointly completed Proof-of-Business (POB) mobile payment transactions enabled by the Cross-Carrier Payment System (CCPS) platform, a cross-carrier blockchain payment network developed by TBCASoft.

/crypto

First Digital Trust to roll out instant settlement netowrk in Asia

First Digital Trust (FDT), the digital asset spin-off from Legacy Trust, is in the testing phase of Asia’s first instant Rapid Settlement and Clearing Network (RSCN) that will transform the way digital assets are owned, traded and invested in.

/Blockchain

GFT billed as 'Major Contender' in enterprise blockchain by Everest Group

GFT, an IT company specialising in digital transformation, is recognised by the analyst firm Everest Group as one of the main competitors in three categories of its PEAK Matrix™ reports: enterprise blockchain services, plus application and digital services for both banking and capital markets.

/Blockchain

Sucden Financial goes live on Cobalt

The post-trade infrastructure provider Cobalt, has today announced that Sucden Financial, is the latest institution to join Cobalt’s post-trade technology network for its substantial FX business.

/crypto

Mode picks BitGo custody tech for bitcoin banking app

Mode, the London-based fintech behind one of the UK’s most serious Bitcoin banking apps, has officially announced that it is working with BitGo, a leader in digital asset financial services.

/Blockchain

Additional participants join CLS’s DLT bilateral payment netting service

CLS, a market infrastructure delivering settlement, processing and data solutions, today announces that Actinver, BNP Paribas, Citibank and J.P. Morgan are live on CLSNet, a standardized, automated bilateral payment netting calculation service for over 120 currencies operating on a distributed ledger technology (DLT) platform.

/Blockchain

Intermex taps Ripple for cross-border payments between the US and Mexico

Sending global payments should be easy and cost-effective. Yet, the underlying systems are complex and fragmented, leading to high foreign transfer fees and costly delays.

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