Blockchain

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/Blockchain

Finra paper explores implications of blockchain for securities industry

Finra (the Financial Industry Regulatory Authority) has become the latest organisation to give its two cents on distributed ledger technology, publishing a paper on blockchain's implications for the securities industry.

/Blockchain

Deutsche Bourse turns to fintech partners to build 'Exchange 4.0'

Deutsche Bourse is promising to cooperate with fintech firms and tap new technologies such as big data, AI and, above all, blockchain as it moves toward the creation of an 'Exchange 4.0', says CEO Carsten Kengeter.

/Blockchain

CSDs aim to build distributed ledger for mobilising scarce collateral

A coalition of four central securities depositories is collaborating with Deutsche Börse on an initiative to use blockchain technology to ease cross-border mobilisation of security collateral.

/Blockchain

Blockchain could slash investment banks' costs by 30%

Blockchain technology could reduce infrastructure costs for eight of the world’s 10 largest investment banks by an average of 30%, saving them billions of dollars every year, new research from Accenture and McLagan suggests.

/Blockchain

FTC fintech forum to explore AI and blockchain

Artificial Intelligence and blockchain will be at the centre of attention at an upcoming fintech forum put together by America's Federal Trade Commission.

/Blockchain

Seven banks plan blockchain platform for SMEs

Seven of Europe's biggest banks are collaborating on the development of a shared cross-border trade finance platform for small and medium -sized companies that harnesses the power of distributed ledger technology.

/Blockchain

RBI told the time is right to digitise the Rupee

The research arm of the Reserve Bank of India has recommended that the central bank should begin work on the creation of a digital currency unit using blockchain technology.

/Blockchain

Blockchain impact timeline speeds up, massive cost savings forecast

Uptake of distributed ledgers will remove $110 billion in costs for the global financial services industry over the next three years as the technology is applied to critical 'pain points' across seven legitimate use cases, according to an analysis by McKinsey.

/Blockchain

Deloitte to open Wall Street blockchain lab

Deloitte is opening a blockchain lab on New York's financial district, in what it bills a 'make or break' year for the nascent technology.

/Blockchain

Swift goes deeper into the blockchain

Interbank payments network Swift is stepping up its exploration of the blockchain, launching a new proof of concept test to determine if distributed ledger technology could help banks reconcile their nostro databases in real time.

/Blockchain

Postal Savings Bank of China takes asset custody to the blockchain

Postal Savings Bank of China (PSBC) has formally launched a blockchain-based asset custody system, executing more than 100 live transactions on the system during a two-month trial run.

/Blockchain

Five fintech surprises for 2017

Haskell Garfinkel, fintech co-lead at PwC, delves into the facts, fads and fiction that will shape the fintech universe in 2017.

/Blockchain

Axis Bank ties up with Ripple for cross-border remittances

Axis Bank is the latest Indian bank bidding to move blockchain technology into the mainstream market, partnering with Ripple in its application for cross-border remittances.

/Blockchain

DTCC to build post-trade distributed ledger framework for derivatives

New York's Depository Trust & Clearing Corporation (DTCC) has selected IBM, in partnership with Axoni and blockchain consortium R3, to overhaul its Trade Information Warehouse to handle post-trade processing of derivatives contracts over a distributed ledger framework.

/Blockchain

Yes Bank uses blockchain to help client with vendor financing

India's Yes Bank has enlisted the help of IBM for a blockchain project that digitises vendor financing for client Bajaj Electricals.

/Blockchain

Finextra's 2016 in review

As Finextra pulls the shutters down on 2016, we take a look back at our most popular news stories, videos, and community engagement activities over the course of the past year. The site will re-open for business on 3 January 2017.

/Blockchain

Royal Canadian Mint joins Goldmoney blockchain platform

The Royal Canadian Mint is to allow transfers of gold bullion value stored in its vaults over a blockchain network run by Goldmoney Inc.

/Blockchain

BNP Paribas applies blockchain technology to corporate payments

BNP Paribas has completed its first live cross-border B2B payments between corporate clients using blockchain technology.

/Blockchain

Big banks prepare $20 million funding round for Axoni - Reuters

Goldman Sachs, JPMorgan and Icap are among a clutch of major financial institutions preparing to invest up to $20 million in blockchain startup Axoni, according to a report by Reuters.

/Blockchain

Euroclear pencils in 2017 for bullion on blockchain roll out

Euroclear is set for a 2017 go-live for the application of blockchain technology in the London bullion market after completing its first pilot trades.