Latest Blockchain News: Finextra Research

South Korea to get blockchain-based system for online banking logins

South Korea's banks are preparing to roll out a distributed ledger technology-based identity verification system for mobile and online logins.

12 June 2018

News/Blockchain

Enterprise Ireland launches fintech fund

Ireland's state-owned economic development agency Enterprise Ireland has announced the launch of a €750,000 Competitive Start Fund for promising fintech startups.

12 June 2018

News/Blockchain

Live: EBAday2018, day one

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.

12 June 2018

News/Blockchain

DNB: DLT substantively inferior to current market infrastructure tech

Following three years of experimentation, the Dutch Central Bank has concluded that blockchain technology fundamentally fails to pass muster as a realistic replacement for current financial market infrastructures.

08 June 2018

News/Blockchain

Northern Trust applies for blockchain patents

Northern Trust, one of the few financial firms in the world to have a implemented a live distributed ledger application, has applied for two new blockchain-related patents in digital identity and meeting management.

08 June 2018

News/Blockchain

Thai CB to issue digital currency for interbank settlement: Sarb reports back on Project Khokha

The Central Bank of Thailand is initiating a project to use a Bank-issued digital currency for interbank settlements.

07 June 2018

News/Blockchain

ABN Amro imagines a cashless dystopian future to attract new talent

ABN Amro has taken a novel approach to recruiting fresh talent, creating a fictional future in a mobile gaming app and challenging prospects to use their tech skills to prevent a financial meltdown.

07 June 2018

News/Blockchain

Circle looks to become licensed bank; Coinbase acquires broker-dealer

Cryptocurrency platform Circle Internet Financial is bidding to enter the Wall Street mainstream, seeking a federal banking license and SEC registration as a brokerage and trading venue.

06 June 2018

News/Blockchain

Italian banks test blockchain for interbank reconciliations

The Italian Banking Association (ABI) has opened a pilot project on blockchain-based interbank reconciliations to a first group of 14 lenders.

06 June 2018

News/Blockchain

Ripple promises $50m to universities for blockchain research

Ripple is promising to pump $50 million into a blockchain research initiative with a host of top universities from around the world.

04 June 2018

News/Blockchain

First nine startups selected for EBAday2018 Fintech Zone

Finextra and the Euro Banking Association have announced the first nine early stage startups selected to exhibit their products and ideas to banking heads from across Europe at the EBA's flagship payments and transaction conference EBAday2018.

04 June 2018

News/Blockchain

CLS invests $5 million in R3; Paxos scores $65 million funding round

Blockchain consortium R3 has banked a $5 million investment from FX risk platform CLS.

31 May 2018

News/Blockchain

350 jobs to go as Deutsche Bourse allocates investment in new tech

Deutsche Bourse plans to spend EUR270 million on blockchain, big data analytics, cloud computing, as well as robotics and artificial intelligence, as part of a 2020 roadmap that will see 350 jobs cut to increase scope for new tech investments.

30 May 2018

News/Blockchain

InstaReM and BeeTech open payment corridor on RippleNet

Money transfer operators InstaReM and BeeTech are to open up a new payments corridor between South East Asia and Latin America using Ripple's instant payment rails.

30 May 2018

News/Blockchain

Gmex and Digital Asset Group form blockchain JV

Trading and post-trade technology vendor Gmex Group is forming a joint venture with upstart blockchain outfit Digital Asset Group in an effort to bridge the gap between mainstream finance and the emerging DLT and crypto economy.

30 May 2018

News/Blockchain

Goldman Sachs leads $250m Tradeshift funding round

Supply chain finance outfit Tradeshift has joined the unicorn club after closing a $250 million Series E funding round led by Goldman Sachs and Public Sector Pension Investment Board.

30 May 2018

News/Blockchain

Mizuho backs Tokyo blockchain co-working space

Mizuho Financial Group is looking to foster Japan's blockchain ecosystem by sponsoring a new dedicated co-working space in downtown Tokyo.

25 May 2018

News/Blockchain

Commerzbank FX transaction has big implications for blockchain in post-trade

The deployment of blockchain technology to streamline foreign exchange post-trade confirmation and matching has moved a step closer with the replication of an FX forward trade conducted by Commerzbank on behalf of thyssenkrupp across R3 Corda.

24 May 2018

News/Blockchain

Sberbank to test digital asset investment platform for ICOs

Sberbank and Russia's National Settlement Depository are to run an Initial Coin Offering in the Bank of Russia’s regulatory sandbox. Level One, a company that manages Moscow’s biggest commercial lecture hall, will be the issuer.

24 May 2018

News/Blockchain

Overstock unit and BOX prep security token exchange

The blockchain subsidiary of online retailer Overstock has teamed up with BOX Digital Markets to build a regulated security token exchange.

22 May 2018