Latest Blockchain News: Finextra Research

SBI and Siam Commercial Bank open cross-border remittance rail using Ripple

SBI Remit and Siam Commercial Bank (SCB) have introduced the first commercially-available remittance service powered by Ripple, using the system to send money in JPY to a recipient’s SCB savings account in Thailand and receive funds in seconds.

30 June 2017

News/Blockchain

Banking consortium awards Digital Trade Chain contract to IBM

Seven of Europe’s largest banks have selected IBM to build and host a new trade finance platform using Big Blue's Hyperledger Fabric.

27 June 2017

News/Blockchain

Asset managers failing to adapt to digital world

Less than half of global asset managers and asset owners think that they are adapting technology quickly enough to support their business growth needs, according to a survey from State Street.

27 June 2017

News/Blockchain

Barclays talks to FCA about cryptocurrencies

Barclays has approached the UK's Financial Conduct Authority (FCA) to talk about how it can bring cryptocurrencies like Bitcoin "into play".

26 June 2017

News/Blockchain

Mastercard eyes opportunities to profit from sharing economy

Seeking to profit from a booming sharing economy, Mastercard has identified trust, experience and regulation as vital to unlocking the potential of the new commerce models that are emerging.

26 June 2017

News/Blockchain

DBS fintech accelerator switches to 'always on' mode

Hong Kong's DBS Accelerator, run by DBS Bank and early-stage VC Nest, is switching the format of the programme to a rolling intake that will see it host new startups throughout the year.

22 June 2017

News/Blockchain

Asia still top dog for payments innovation but Europe gaining ground

Asia remains home to most payments innovation but Europe is making a charge, leapfrogging Africa, North America and Latin America, according to a survey of industry execs which also calls out distributed ledger technology as over-hyped.

22 June 2017

News/Blockchain

Swift offers €200,000 for two fintechs to leverage gpi platform

Swift has launched an Industry Challenge to find two winning fintechs who will be granted €100,000 to further develop new overlay services that leverage its Swift global payments innovation (gpi) platform.

21 June 2017

News/Blockchain

Live: EBAday 2017, day two

Payments professionals from across Europe are gathering in Dublin this week for EBAday 2017, hosted by the Euro Banking Association and Finextra. We're liveblogging events here.

21 June 2017

News/Blockchain

AIG and Standard Chartered run multi-national insurance policy via DLT

American International Group, IBM and Standard Chartered Bank have converted a multinational, controlled master policy written in the UK, and three local policies in the US, Singapore and Kenya, into a 'smart contract' that provides a shared view of policy data and documentation in real-time.

16 June 2017

News/Blockchain

FCA says regulatory sandbox growing in popularity as second cohort is unveiled

The Financial Conduct Authority has selected 31 firms for its second cohort of regulatory sandbox participants, narrowing down the field from an initial list of 77 submissions.

15 June 2017

News/Blockchain

Emirates Islamic to put cheques on a blockchain

Emirates Islamic is to use a combination of QR codes and blockchain technology to bolster fraud prevention for old-fashioned paper cheques.

12 June 2017

News/Blockchain

Nasdaq joins €7M funding round in French blockchain outfit Stratumn

Nasdaq has joined a €7M series A funding round in a French startup, Stratumn, which utilises distributed ledger technology and advanced cryptography to streamline and secure the exchange of regulatory reporting data.

09 June 2017

News/Blockchain

Winning in the digital moment; Leading banks explain what it takes

A stellar line-up of 27 senior bankers and fintech experts will be onstage at the Finextra SAP Financial Services Forum in London next month to detail winning strategies for banks competing in a digitally-driven business market.

08 June 2017

News/Blockchain

FinTech50: London continues to dominate European scene

The Brexit cloud may loom large but, for now, the UK remains at the centre of Europe's financial technology scene, home to nearly two thirds of the firms that make it into this year's FinTech50.

07 June 2017

News/Blockchain

Indian banks to work with five Startupbootcamp Mumbai graduates

Five of the eleven startups graduating from Startupbootcamp's 2017 Indian accelerator programme have secured pilots with bank sponsors RBL and Icici.

02 June 2017

News/Blockchain

Fifteen startups selected for EBAday Fintech Pavillion

Finextra and the Euro Banking Association have selected 15 of Europe's most promising startups to present their ideas to banking delegates attending EBAday 2017, the continent's leading payments and transaction banking event.

02 June 2017

News/Blockchain

In race to bring blockchain to financial markets, developers embrace open-source

We may be living in an era of data breaches and hacking scandals but more than half of financial markets participants working on blockchain see open-source as the best model for the technology.

01 June 2017