Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Bolero and TradeLens join forces to accelerate electronic bill of lading adoption

Bolero International, the leading provider of cloud-based trade finance digitisation solutions, announced today a collaboration with TradeLens, the blockchain-based global trade platform for containerized goods, with the goal of delivering a seamless digital experience for customers using electronic bills of lading in trade finance transactions.

29 March 2022

News/markets

ASX set to further delay roll out to Chess replacement system

The Australian Securities Exchange (ASX) is set to enforce a further delay to the cutover of its blockchain-based post-trade network, which was initially set for go-live in April 2021.

28 March 2022

News/regulation

Cross River expands crypto services with Chainalysis

Cross River, a US provider of core infrastructure and embedded financial technology to fintech companies, has teamed up with blockchain data platform Chainalysis to expand its crypto services.

24 March 2022

Company update/wholesale

Linklogis joins the Trade Information Network

Linklogis, a leading supply chain finance technology solutions provider, has commenced an ongoing collaboration with Trade Information Network (‘Network’) by joining as a financier on the Network.

23 March 2022

News/sustainable

Lemonade Foundation preps blockchain-based climate insurance for subsistence farmers

The non-profit arm of insurance unicorn Lemonade has formed a coalition building a blockchain-based climate insurance offering for subsistence farmers and livestock keepers in developing markets.

22 March 2022

Company update/crypto

Blockchain.com acquires OTC trading and executions business of Singapore-based Altonomy

I’m pleased to share that we’ve acquired the OTC trading and executions business of Singapore-based Altonomy to accelerate the growth of our institutional business.

22 March 2022

News/markets

Euroclear invests in Fnality

Euroclear has invested in Fnality, the international consortium of global banks focused on building a blockchain-based payment system to support the adoption of tokenised assets and marketplaces.

21 March 2022

News/crypto

Tintra announces world's first built-for-purpose Web 3.0 bank

RegTech firm, Tintra, has just announced the next stage in its development strategy – the launch of the world’s first ever Web 3.0 banking platform.

18 March 2022

News/crypto

Bank of Canada partners MIT on CBDC research

The Bank of Canada has teamed up with the Massachusetts Institute of Technology on a twelve-month research project on central bank digital currencies.

18 March 2022

Company update/crypto

Ripple commits one billion XRP to XRPL developer programmes

Ripple, the leader in enterprise blockchain and crypto solutions, is committing 1B XRP to accelerate development and new use cases on the XRP Ledger (XRPL).

17 March 2022

News/crypto

UkrainianPool invites crypto holders to stake their funds to support humanitarian efforts

A not-for-profit cryptocurrency fundraising project is inviting people to stake their crypto to a pool, with the interest accrued used to support humanitarian efforts for Ukrainians affected by the war.

16 March 2022

News/predictions

Amex files metaverse-related trademark applications

American Express has filed trademark applications to register its name, logo, and slogans for a range of banking services in the metaverse.

16 March 2022

News/crypto

Microsoft joins $450m ConsenSys funding round

Microsoft has joined a $450 million funding round for ConsenSys that values the blockchain software engineering firm at $7 billion.

16 March 2022

Company update/markets

Apex Group acquires majority stake in Fund Admin Chain

Apex Group Ltd. (“Apex” or “The Group”), a global financial services provider, announces today the expansion of its Digital Assets capabilities with the acquisition of a majority stake in Fund Admin Chain (“FAC”), a distributed ledger-based network for launching, distributing, trading and settling collective investment funds.

15 March 2022

Company update/people

Wells Fargo innovation head Ronn Baker joins Baton Systems as North American sales lead

Baton Systems (“Baton”), the global fintech digitally transforming post-trade processing using distributed ledger technology (DLT), has announced the appointment of Ronn Baker as Senior Director of North American Sales.

15 March 2022

Company update/crypto

Stellar Development Foundation and MoneyGram partner Techstars

The Stellar Development Foundation and MoneyGram International, Inc. (NASDAQ: MGI) today announced a new partnership with Techstars, a global investment business that provides access to capital, one-on-one mentorship, and customized programming for entrepreneurs.

11 March 2022

News/crypto

FTX turns to Stripe for payments and ID verification

Crypto giant FTX and its US subsidiary have chosen Stripe to build an onboarding and identity verification flow for users joining the exchange, and to power payments for people adding funds to their accounts.

11 March 2022

Company update/regulation

Singapore approves Paxos for digital payments token services

Paxos, the leading regulated blockchain infrastructure platform, announced it has received in-principle approval from the Monetary Authority of Singapore (MAS), a premier financial regulator in Asia-Pacific, to operate digital payments token services under the Payment Services Act 2019.

10 March 2022

News/crypto

Santander launches agriculture loans secured by crypto assets

Stander has joined forces with Agrotoken to develop loans for farmers in Argentina that are secured by tokens related to agricultural products.

10 March 2022

Company update/cloud

Calastone and Microsoft from DLT/Cloud pact

Calastone, the largest global funds network, has signed a partnership agreement with Microsoft, which will see the firms collaborate on the use of cloud and distributed ledger technology to create market efficiency across the global investment funds industry.

07 March 2022