Blockchain

2154 articles tagged with this keyword

/Blockchain

SIX to build digital asset trading, settlement and custody service

In a world first, Switzerland's stock exchange plans to build a fully integrated, DLT-based end-to-end trading, settlement and custody service for digital assets.

/Blockchain

EBA warns banks on being too passive or proactive on fintech

As they seek to steer a course through the new fintech environment, financial services firms must beware the risks to their business models of both being too passive and too gung-ho in their embrace of new technologies, says a European Banking Authority report.

/Blockchain

FCA welcomes firms working on crypto-assets to latest sandbox cohort

The Financial Conduct Authority's regulatory sandbox continues to gather momentum, with 29 firms - including some working with crypto-assets - getting the go-ahead to join the initiative's fourth cohort.

/Blockchain

We.trade blockchain platform goes into live production

The we.trade blockchain for trade finance platform established by a coalition of nine banks is gaining momentum, conducting seven live trade transactions by ten companies via four partner banks.

/Blockchain

Bermuda to create new class of banks to encourage fintech

The Government of Bermuda is to amend the Banking Act to create a new class of bank specifically to cater to local fintech and blockchain companies.

/Blockchain

Banks trial KYC on R3 Corda blockchain platform

More than three dozen firms - including BNP Paribas, China Merchants Bank and Deutsche Bank - have carried out a global trial of a know your customer (KYC) application built on R3's Corda blockchain platform.

/Blockchain

Line to launch cryptocurrency exchange

Japanese messaging app Line is to establish its own cryptocurrency exchange in an effort to keep pace with popular rivals WeChat and WhatsApp by expanding further into financial services.

/Blockchain

SolarisBank aims to become the banker for the cryptocurrency industry

Germany's solarisBank is setting up a 'Blockchain Factory' to offer banking services to companies whose business is directly or indirectly based on cryptocurrencies and blockchain technology.

/Blockchain

India's Kotak Mahindra Bank taps Ripple xCurrent for remittances

Ripple has strengthened its position in the critical market of India by signing up Kotak Mahindra Bank to its network for cross-border payments.

/Blockchain

EU report rules in favour of central bank-backed digital currencies

Central bank digital currencies could pave the way for a more stable financial system, suggests a report prepared for the European Parliament's Economic and Monetary Affairs Committee.

/Blockchain

Alipay takes on MoneyGram with blockchain-based remittances

Having failed to buy MoneyGram, Ant Financial is looking to pound it into the ground with the launch of a home-grown blockchain-based cross-border remittance service.

/Blockchain

BBVA creates Next Technologies unit; tests selfie payments

BBVA is doubling down on its digital transformation programme, merging two units to create an engineering company that will be home to 1200 tech staffers working on everything from cloud computing to AI to blockchain.

/Blockchain

ING and BNP Paribas invest in blockchain-powered trade platform TradeIX

TradeIX, the startup behind a blockchain-based platform for open-account trade finance, has raised $16 million in a funding round led by ING Ventures and joined by BNP Paribas.

/Blockchain

Spanish banks move ahead with blockchain platform for digital IDs

A consortium of Spanish banks is moving ahead with the development of a blockchain-based digital identity platform slated for live testing before the end of the year.

/Blockchain

Brazilian regulators to share data over private blockchain platform

The Central Bank of Brazil has established a permissioned ledger for the sharing of data with other national supervisory authorities.

/Blockchain

Interac opens innovation lab

Canadian debit network Interac has opened an innovation outpost and accelerator at Communitech, a tech hub based in the city of Kitchener, Ontario.

/Blockchain

Linedata Exchange Europe 2018 - live blog

Welcome to Finextra's live coverage from the Linedata Exchange Europe 2018. The theme for this year's event centres around transformation and how digital, operational and industry-wide transformation can be leveraged to deliver growth.

/Blockchain

BIS: Cryptocurrencies are an environmental disaster that could break the Internet

In a scathing take-down of cryptocurrencies, the Bank for International Settlements says the replacement of retail payments by virtual money would break the Internet and lead to an environmental catastrophe.

/Blockchain

Ripple exec says DLT not ready for banks...yet

A lack of scalability and privacy issues are preventing banks from using distributed ledger technology (DLT) to process cross-border payments, says a senior executive at one of the most prominent startups in the DLT space.

/Blockchain

Live: EBAday2018, day two

Payments professionals from across Europe are gathering in Munich this week for EBAday 2018, hosted by the Euro Banking Association and Finextra. We're liveblogging events here.