Latest Blockchain News: Finextra Research

Thomson Reuters builds blockchain user-entitlement platform

Thomsons Reuters has unveiled an identity verification platform that enables developers to manage access to their blockchain contracts.

06 October 2016

News/Blockchain

Sydney Stock Exchange completes first phase of blockchain-based settlement project

The Sydney Stock Exchange is looking to beat its larger compatriot, the Australian Stock Exchange, to the punch in the development of a blockchain-based settlement system for equity securities.

06 October 2016

News/Blockchain

Banks ready for real-world blockchain

Distributed ledger technology is set to move out of the test environment and into the wild next year, with nearly two thirds of banks expecting to be in production with full-scale, commercial blockchain projects by 2019, according to research from IBM.

29 September 2016

News/Blockchain

Ripple rudely gatecrashes Sibos party

Like the unwanted guest at a party who trashes the house and runs off with your girlfriend, Ripple is throwing its weight around at Swift's annual Sibos conference with a series of barbed tweets and acerbic commentary asking if the interbank co-operative's set-piece Global Payments Innovation initiative is all its cracked up to be.

28 September 2016

News/Blockchain

Credit Suisse drives blockchain project in syndicated loans market

Credit Suisse and the R3 blockchain consortium are driving a new initiative to apply distributed ledger technology to overhaul antiquated and costly manual intervention in the $3 trillion global syndicated loans market.

28 September 2016

News/Blockchain

CSDs look to harness distributed ledger technology

A pair of central securities depositories (CSDs) are tackling the threat posed to their industry by the blockchain frenzy head on, forming a partnership to explore how they can make the most of distributed ledger technology.

27 September 2016

News/Blockchain

CLS to use Hyperledger Fabric for new payment netting service

Multi-bank foreign exchange counterparty CLS is to build a payments netting service for trades settled outside the core membership using distributed ledger technology based on Hyperledger Fabric.

27 September 2016

News/Blockchain

R3 banks use Intel distributed ledger technology for bond trading

Working under the R3 banner, a gang of eight banks have successfully tested a distributed ledger prototype for bond transactions using Intel technology.

26 September 2016

News/Blockchain

Distributed ledger technology could damage financial market integration - ECB

A senior executive at the European Central Bank has spoken out about the potential damage to financial market integration from the haphazard uptake of distributed ledger technologies by the Bloc's banks.

26 September 2016

News/Blockchain

BNP Paribas is working with clients on blockchain deployment

BNP Paribas says it has entered 'co-development mode' with clients to pilot a number of blockchain applications for transaction banking, after embarking on a collaborative process during its ‘Blockchain Bizhackathon’ earlier this year.

26 September 2016

News/Blockchain

IBM and China UnionPay apply the blockchain to loyalty bonus point exchange

IBM and China UnioPpay have demonstrated a blockchain prototype for loyalty bonus points exchange among multiple banks.

23 September 2016

News/Blockchain

Swift beware: Ripple signs banks to global payments steering group

As Swift gears up for its annual Sibos jamboree in Geneva next week, the interbank messaging network is facing up to a growing threat from Ripple, which has signed up several major banks to a steering group on the use of distributed financial technology for global payments.

23 September 2016

News/Blockchain

RBS tests demonstrate ability of Ethereum to support a national domestic payments system

The Innovation Engineering team at Royal Bank of Scotland has built a Clearing and Settlement Mechanism (CSM) based on the Ethereum distributed ledger and smart contract platform.

23 September 2016

News/Blockchain

The digitalisation challenge: how much more do banks need to do?

Finextra will be hosting a roundtable in NYC on 4 October that will explore banks’ progress in securing their role in the digital ecosystem.

22 September 2016

News/Blockchain

SIX hires Digital Asset for post-trade DLT; Swift bids for standards role

SIX Securities Services has contracted with Digital Asset Holdings to develop a proof of concept that will demonstrate the commercial viability of distributed ledger technology across the Swiss financial market, with an initial focus on securities lifecycle processing.

22 September 2016

News/Blockchain

Wealth management firms to embrace tech and see off fintech insurgents - report

Wealth management firms are falling short of client expectations when it comes to their use of technology, but established players in the field are likely to respond well to the digital revolution and will not be displaced by fintech insurgents, new research from Roubini ThoughtLab suggests.

21 September 2016

News/Blockchain

CIBC, NAB and Bank Leumi form innovation alliance

Canadian Imperial Bank of Commerce, National Australia Bank and Israel's Bank Leumi have formed an "innovation alliance" that will see them share strategies for improving client services in the digital age.

21 September 2016

News/Blockchain

Banks test blockchain for reference data management

In the latest blockchain experiment carried out under the R3 banner, major banks including Citi and HSBC are looking into how distributed ledger technology can be used to simplify reference data processes.

20 September 2016