Latest Blockchain News: Finextra Research

Mastercard to roll out blockchain API

Mastercard is to open up access to its inhouse blockchain technology platform via an API which will be made available to developers at banks and retailers.

20 October 2017

News/Blockchain

TMX, Bank of Canada and Payments Canada to run blockchain settlement tests

Payments Canada, the Bank of Canada and TMX Group have come together to experiment with an integrated securities and payment settlement platform based on distributed ledger technology.

19 October 2017

News/Blockchain

Fundchain bids to move beyond prototyping

Fundchain, a collaborative initiative of the Luxembourg fund industry, is to advance its exploration into potential applications for distributed ledger technology and define ready-to-use products that could be implemented in the short-term.

19 October 2017

News/Blockchain

BNP Paribas takes blockchain red pill

BNP Paribas is swallowing its own blockchain medicine, applying the technology to the global internal treasury operations of the bank.

17 October 2017

News/Blockchain

Eight banks form joint venture to launch blockchain trade platform

Eight of Europe's largest banks have agreed to set up a joint venture company incorporated in Ireland to manage the roll out of Digital Trade Chain, a shared platform that aims at making domestic and cross-border commerce easier for European companies by harnessing the power of distributed ledger technology.

17 October 2017

News/Blockchain

Sibos 2017: Blockchain - reality or utopia

Sunny optimism faced off with hard-nosed pragmatism during an early Sibos session on blockchain in the cash and securities settlement space, as ConsenSys rep Monica Singer tried desperately to win over cynical bankers.

17 October 2017

News/Blockchain

JPMorgan bids to revolutionise interbank payments with Quorum

JPMorgan is to pilot the application of cross-border interbank payments over its enterprise-ready distributed ledger and smart contract platform Quorum.

16 October 2017

News/Blockchain

Digital Asset Holdings raises $40 million

Digital Asset Holdings, the blockchain startup founded by former JPMorgan exec Blythe Masters, has raised over $40 million of Series B financing from existing and new investors, led by Jefferson River Capital.

16 October 2017

News/Blockchain

BNP Paribas partners TCS for DLT-based corporate actions platform

BNP Paribas has joined forces with Tata Consultancy Services in a bid to transform the tortuous corporate events lifecyle through the use of blockchain technology.

16 October 2017

News/Blockchain

IBM uses blockchain to improve cross-border payments processing

IBM is leading a project that uses public blockchain technology to make international payments in developing countries more efficient and less expensive.

16 October 2017

News/Blockchain

Ripple looks to drive bank adoption with $300m XRP rebate programme

Ripple is hoping to tempt banks to jump onto its enterprise blockchain network by dangling a rebate, in the form of its XRP digital asset, to early commercial adopters.

13 October 2017

News/Blockchain

Swift positive on blockchain, but big challenges remain

Early results from a blockchain proof-of-concept conducted by Swift with six of the co-operative's member banks indicate that DLT application can deliver the business functionalities and data richness required to support real-time liquidity monitoring and reconciliation.

13 October 2017

News/Blockchain

Accuity partners R3 for financial crime screening on DLT

Compliance and KYC specialist Accuity has integrated its financial crime screening suite with R3's distributed ledger technology platform, Corda.

12 October 2017

News/Blockchain

Ex-PayPal boss Thompson backs Canadian fintech Payment Rails

Payment Rails, a Canadian startup building an API-first payouts platform for businesses, has won a high-profile backer in the shape of ex-PayPal president Scott Thompson, who has invested in the firm and signed on as a board advisor.

11 October 2017

News/Blockchain

Fujitsu and top Japanese banks to trial DLT-based P2P mobile money system

Fujitsu is collaborating with Mizuho, Sumitomo Mitsui, and Mitsubishi UFJ Financial to conduct a joint field trial of a person-to-person money transfer service using blockchain technology.

10 October 2017

News/Blockchain

Ripple blockchain network hits 100-member mark

Credit Agricole and TransferGo are among the latest financial services firms to join Ripple's enterprise blockchain network, which now claims more than 100 users.

10 October 2017

News/Blockchain

'This time is different': BofE's Hauser hails fintech revolution

Fintech is more than just a buzzword, it is a revolution that will have profound implication for the financial services industry, according to Bank of England executive Andrew Hauser.

06 October 2017

News/Blockchain

Singapore consortium claims breakthrough in DLT payments project

A consortium of banks and technology vendors led by the Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) have successfully developed software prototypes of three different models for decentralised inter-bank payment and settlements with liquidity savings mechanisms.

06 October 2017