Latest Blockchain News: Finextra Research

The Redsand Group to launch sustainable fintech fund

Founder and managing partner of The Redsand Group, Nicole Anderson, announced in a recent interview with Finextra TV that the group will launch a fund to work with the venture community to support fintech aimed at tackling sustainability across financial services through tools such as blockchain and tokenisation.

27 February 2020

News/sustainable

How to use technology to solve climate change and cloud waste

Global IT expense is set to reach a staggering $3.9 trillion in 2020, an increase of 3.4% from 2019 according to Gartner. Driven by the adoption of software-as-a-service (SaaS), all market segments are expected to spend on forms of software such as cloud and expand its use through 2023. But what does this mean for the environment?

27 February 2020

News/crypto

Bank of Canada won't issue digital currency - yet

The Bank of Canada has no plans to issue its own digital currency, but says this could change if cash usage drops off significantly or private options such as the Facebook-backed Libra gain widespread adoption.

27 February 2020

News/payments

Azimo enlists Ripple for cross-border payments

Money transfer outfit Azimo is tapping Ripple's On-Demand Liquidity (ODL) offering for faster, cheaper cross-border payments.

26 February 2020

News/crypto

SIX takes stake in crypto trading platform Omniex

Swiss exchange operator SIX is buying a stake in Omniex as part of a wider partnership with the digital asset trading platform. Financial terms of the deal were not disclosed.

26 February 2020

News/Blockchain

Blockchain-based ID system for credit union members made commercially available

Following successful pilots, blockchain outfit CULedger is making its digital identity service MemberPass (formerly called MyCUID) commercially available.

24 February 2020

News/crypto

Libra adds Shopify as member

After shedding several high-profile members, the Facebook-led digital currency project Libra has signed up online commerce giant Shopify.

21 February 2020

News/Blockchain

Riksbank to run simulated tests of e-krona

Sweden's central bank is to begin pilot tests of a digital krona that can work as a complement to cash.

20 February 2020

News/Blockchain

Credit Suisse and Instinet first to settle US equities on Paxos blockchain

Credit Suisse and Instinet have begun settling US securities on a bockchain-based post-trade platform supplied by Paxos.

20 February 2020

News/crypto

European Union unsure how to regulate Facebook's Libra

The EU cannot work out exactly what Libra is according to a memo by European Commission executive vice-president, Valdis Dombrovskis.

20 February 2020

News/Blockchain

National Stock Exchange of Australia to take on ASX with blockchain-based settlement system

The National Stock Exchange of Australia is to go head-to-head with the country's leading securities exchange ASX in a joint venture project to introduce a blockchain-based clearing and settlement system.

20 February 2020

News/Blockchain

Citi invests in blockchain-based trade finance network Contour

Citi has become the latest banking giant to take a stake in Contour, the blockchain-based trade finance platform which made its commercial launch last month.

18 February 2020

News/Blockchain

DTCC calls for industry-wide push to handle DLT security risks

The US Depository Trust and Clearing Corporation is floating the idea of forming an industry consortium to develop a coordinated strategy for addressing security risks in the implementation of distributed ledger technology in financial services.

13 February 2020

News/crypto

BitPay partners Poynt to bring bitcoin payments to the streets

BitPay is trying to finally bring bitcoin to the streets, inking a deal with point-of-sales terminal maker Poynt to enable cryptocurrency payments at more than 100,000 retailers around the world.

12 February 2020

News/crypto

Canadian dollar-pegged stablecoin launches

A Toronto-based startup led by a former top TMX executive has launched a mass market Canadian dollar-backed stablecoin.

11 February 2020

News/Blockchain

Nacha applies blockchain tech to payment information exchange

US clearing house Nacha is to use blockchain technology to build Phixius, an online platform to ease the exchange of payment-related information between companies.

07 February 2020

News/Blockchain

Blockchain-based commercial payments firm Paystand raises $20m

Blockchain-enabled commercial payments outfit Paystand has raised $20 million in a Series B funding round.

06 February 2020

News/Blockchain

Axoni distributed ledger network for equity swaps processing goes live

Enterprise blockchain vendor Axoni and a group of 15 sell-side and buy-side firms have launched a distributed ledger network to manage equity swap transactions.

06 February 2020

News/payments

Square joins $14m funding round for cryptographic settlement startup Transparent

Transparent Financial Systems, a Seattle-based startup building cryptographic settlement technology has come out of stealth mode after raising more than $14 million in a Series A round led by Patnera Capital and joined by Square.

05 February 2020

News/Blockchain

Envoy scores $13m to scale up blockchain trade finance platform

Blockchain-based supply chain and trade finance startup Envoy Group is looking to expand beyond Latin America after securing a $13 million investment from Alcedo Digital Ventures.

05 February 2020