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

Company update/cloud

Broadridge to run Private market Hub on Amazon Blockchain Services from AWS

Utilizing distributed ledger technology (DLT) to better streamline and connect the private equity ecosystem and assets, Broadridge Financial Solutions, Inc. (NYSE:BR) today released the latest evolution of its industry-leading Private Market Hub platform, using Amazon Managed Blockchain from Amazon Web Services, Inc. (AWS).

08 June 2021

Company update/crypto

Wyre unveils savings API powered by Stellar Network

Today, Wyre, a leading blockchain payments company, announced a new Wyre Savings API where FinTechs can access yield-earning savings products leveraging Stellar USDC.

03 June 2021

Company update/retail

Even Financial to add blockchain-based personal loan payments from Figure to marketplace

Even Financial (“Even”), the leading search, comparison, and recommendation engine for financial services, has announced a new partnership with Figure to launch the company’s personal loan products on the Even platform.

03 June 2021

News/markets

Banks test DLT-based platform for intraday FX swaps

A group of 11 banks, including NatWest and Deutsche Bank, have been trialling a DLT-based platform for intraday FX swaps.

03 June 2021

Company update/wholesale

Commerzbank executes live transactions on Marco Polo trade finance network

Commerzbank joined with İşbank and LBBW to become one of the first banks to execute commercial transactions with German and Turkish corporate clients via the Marco Polo trade finance network in a live environment.

01 June 2021

Company update/crypto

DBS Digital Exchange gets first security token offering

As part of efforts to broaden the suite of products on the DBS Digital Exchange (DDEx), DBS announced today that it has priced an SGD 15 million digital bond, marking DDEx’s first Security Token Offering (STO).

31 May 2021

News/crypto

Riksbank enlists Handelsbanken for e-krona pilot

Sweden's central bank has called in Handelsbanken and software firm TietoEvry for the latest stage of its central bank digital currency pilot.

31 May 2021

News/crypto

Circle raises $440m

Fintech outfit Circle has raised $440 million in financing as it seeks to capitalise on the success of the fast-growing USDC stablecoin.

31 May 2021

News/payments

BankDhofar taps Ripple for Oman-India remittances

Oman-based BankDhofar has joined Ripple's payment network to connect with India's IndusInd Bank for real-time mobile remittances.

27 May 2021

Company update/retail

TISAtech announces R3 as the first member of Nebula, the FinTech Development Panel

TISAtech, a digital market network connecting established financial services firms with FinTechs, announces that R3, an enterprise software firm, is the first member of Nebula.

25 May 2021

News/sustainable

DBS, SGX, Standard Chartered and Temasek team on carbon exchange

DBS, Singapore Exchange, Standard Chartered and Temasek are creating a global exchange and marketplace for carbon credits.

21 May 2021

News/wholesale

Commerzbank pilots blockchain for supply chain processes

Commerzbank has teamed up with two chemicals companies to test a shared blockchain platform for handling bilateral supply chain processes in a live environment.

21 May 2021

News/startups

Figure hits $3.2bn valuation on $200m fund raise

Figure Technologies, a blockchain-based startup for providing loans against mortgage equity, is closing a $200 million Series D funding round at a $3.2 billion valuation.

20 May 2021

Company update/wholesale

SMBC joins Contour trade finance network

Japan’s Sumitomo Mitsui Banking Corporation (SMBC) has become the latest institution to join Contour’s global network of banks, corporates and ecosystem partners working together to transform trade finance.

20 May 2021

Company update/crypto

Blocksize Capital joins the Avaloq.one ecosystem

Frankfurt-based Blocksize Capital, a leading blockchain technology provider for financial institutions, has become the latest fintech to join Avaloq’s open banking marketplace.

20 May 2021

Company update/people

Circle names Mandeep Walia chief compliance and risk officer

Circle, a global financial technology firm that provides payments and treasury infrastructure for internet businesses, today announced the appointment of Mandeep Walia as Chief Compliance and Risk Officer.

19 May 2021

Company update/payments

LuLu uses RippleNet to open Egyptian remittance corridor with National Bank of Egypt

Today, we’re excited to announce our partnership with the National Bank of Egypt (NBE), the North African country’s largest bank. Through Ripple’s global payments network RippleNet, NBE has connected with the UAE-based financial service provider LuLu International Exchange – part of the LuLu Financial Group – to process cross-border payments from the United Arab Emirates (UAE) to Egypt.

19 May 2021

Company update/crypto

Helix acquires GlobalBlock for £32 million

UK and London based digital asset brokerage GlobalBlock is pleased to announce that it has agreed a business combination with Canadian listed Helix Applications (Helix).

19 May 2021

Company update/retail

Current gets in DeFi with Acala integration

Current, a leading U.S. financial technology company serving Americans who are working to create a better future for themselves, today announced its partnership with Acala, a decentralized finance platform built on the Polkadot blockchain network.

18 May 2021

Company update/wholesale

Contour advances on metals industry with MineHub

MineHub and Contour partner to drive digitisation in metals and mining industry 18th May 2021: MineHub and Contour have partnered to integrate their digital supply chain and trade finance technology solutions for the global metals and mining industry.

18 May 2021