Latest Blockchain News: Finextra Research

Top banks to spend £50 million on digital coin project - Reuters

Several of the world's largest banks are plotting a £50 million investment in a new digital cash settlement system, according to a report from Reuters.

17 May 2019

News/Blockchain

World Bank and CBA record secondary bond trading on a blockchain

The World Bank and Commonwealth Bank of Australia are trumpeting the success of a project to record a secondary bond market trade on a distributed ledger.

16 May 2019

News/Blockchain

Finastra signs three more banks to blockchain-based syndicated loan community

Finastra has signed three more pilot banks to Fusion LenderComm, a distributed ledger technology (DLT) platform for the syndicated loan market developed in collaboration with R3.

14 May 2019

News/ai

US Congress launches fintech and AI task forces

The US House of Representative is launching task forces looking into fintech and artificial intelligence in financial services.

10 May 2019

News/Blockchain

Nordea launches blockchain-based trading platform for SMEs

Nordea has launched a blockchain-based platform designed to make it easier for SMEs to trade with other companies in Europe.

10 May 2019

News/devops

Microsoft Build 2019: What stands out for fintech developers?

Thousands of developers, software engineers and students gathered at Microsoft Build 2019 to learn about the latest advances across technologies critical to the future of banking, such as artificial intelligence, blockchain, the Internet of Things and Mixed Reality for cloud or edge computing.

10 May 2019

News/Blockchain

Facebook chooses London for WhatsApp payments push

Facebook has chosen London as the base for a new team dedicated to bringing payments to its WhatsApp messaging service.

08 May 2019

News/Blockchain

Voltron consortium grows to over 50 banks and corporates

The blockchain-based trade finance coalition Voltron has swelled to over 50 banks and corporates following the completion of trials involving the simulation of multiple digital Letter of Credit transactions across 27 countries on six continents.

08 May 2019

News/Blockchain

Wipro develops prototype for central bank digital currency initiative in Thailand

Wipro is working with the Bank of Thailand and eight of the nation's largest banks to develop a blockchain-based interbank payment system using digital tokens.

07 May 2019

News/Blockchain

Ant Financial joins $10 million funding round in Qedit

Ant Financial has participated in a $10 million fund raise for blockchain-based data privacy startup Qedit.

07 May 2019

News/devops

ASX opens customer development centre for blockchain settlement system

The Australian Securities Exchange has moved closer to its goal of rolling out a blockchain-based settlement system with the opening of a new Customer Development Environment for users to test and interact with the new system.

07 May 2019

News/Blockchain

Facebook in talks with banks and payment processors over stablecoin launch

Facebook has reportedly met with Visa, Mastercard and a number of bulge-bracket financial institutions in the hope of securing a $1 billion investment for its secretive cryptocurrency project,

03 May 2019

News/Blockchain

JPMorgan Quorum to be available over Microsoft Azure

Microsoft is to position JPMorgan's private version of ethereum, Quorum, as the cornerstone of its cloud-based enterprise blockchain offering to customers.

03 May 2019

News/Blockchain

SETL emerges from administration

Distressed blockchain settlement startup SETL has emerged from administration after its management bought the operating assets, the staff and IP rights of SETL Development (in Administration) Ltd, that is being wound down.

03 May 2019

News/Blockchain

Canada and Singapore central banks use blockchain for cross-border payments

The Bank of Canada and the Monetary Authority of Singapore (MAS) have used distributed ledger technology to send each other central bank digital currencies (CBDCs).

02 May 2019

News/Blockchain

Canadian bank-backed blockchain-based ID verification system launches

A Canadian blockchain-based digital identity verification network backed by the country's banking industry has gone live, giving people an easy way to share their personal information.

01 May 2019

News/Blockchain

SGX to move blockchain platform to Amazon Web Services

The Singapore Exchange is to port its investments in Hyperledger Fabric to Amazon Web Services as the big tech giant unveils its cloud-based Managed Blockchain network.

01 May 2019

News/Blockchain

Fenergo to deploy blockchain-based KYC utility in Bahrain

Fenergo has begun work with Bahrain’s Electronic Network for Financial Transactions (Benefit) to design and implement a national Know Your Customer (KYC) utility that incorporates blockchain technology.

01 May 2019

News/Blockchain

Boston Fed paper explores 'supervisory nodes' on blockchain networks

If blockchain technology become a major part of the financial service scene, regulators may have to start putting "supervisory nodes" on networks in order to properly monitor the industry and prevent future economic crises, says a Federal Reserve Bank of Boston paper.

01 May 2019

News/wholesale

HSBC picks CGI trade finance tech

Banking giant HSBC is giving its global trade and receivables business a technology refresh with a new platform from CGI.

30 April 2019