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

Standard Chartered completes LoC blockchain transaction on Voltron

Standard Chartered has completes its first cross-border Letter of Credit blockchain transaction in the oil industry with PTT Group.

07 August 2019

News/Blockchain

Raiffeisen Bank International invests in Regtech startup kompany

Raiffeisen Bank International has joined a funding round in business verification and KYC RegTech kompany.

07 August 2019

News/Blockchain

Mastercard takes on counterfeiters with blockchain tech

Mastercard is to use blockchain technology to track the provenance of limited edition fashion items as part of a showcase of collections from leading women designers and artists.

07 August 2019

Company update/Blockchain

Standard Chartered completes first transaction on blockchain platform with Linklogis

Standard Chartered and Linklogis have recently completed their first joint deep-tier supply chain financing transaction for Digital Guangdong and its upstream suppliers.

05 August 2019

News/Blockchain

R3 commits to London despite Brexit uncertainty

R3, the enterprise blockchain software company, has doubled the size of its London hub amidst Brexit precariousness.

02 August 2019

Company update/Blockchain

Supply@ME to launch working capital platform on SIAchain

SIA, the European hi-tech company, leader in payment services and infrastructures, and Supply@ME, the scale-up of the AvantGarde Group, have signed a partnership agreement to launch - through the SIAchain infrastructure - the new “Inventory Monetization” platform, created by the Milan-based fintech soon to be listed on the London Stock Exchange.

01 August 2019

Company update/Blockchain

Cryptocurrency broker BCB hops on Corda Network

BCB Group, a leading global cryptocurrency broker catering to the bespoke needs of institutional clients, today announced they are now live with DASL - The Digital Asset Shared Ledger developed by LAB577.

01 August 2019

Company update/Blockchain

Interchange acquired by Kraken

Today we have an exciting announcement from the Interchange team: we have been acquired by Kraken!

31 July 2019

Company update/Blockchain

Huobi joins Global Digital Finance

Huobi, a leading global crypto-assets financial service provider is pleased to announce that they have joined Global Digital Finance (GDF), the industry membership body promoting the adoption of best practices and conduct standards for crypto and digital assets and digital finance technologies as a Patron Member.

31 July 2019

Company update/Blockchain

Bitwala raises EUR13 million

International investors led by Sony Financial Ventures and NKB Group are beefing up Bitwala’s war chest to fuel the expansion of Germany’s cryptocurrency flagship: Bitwala’s unique strategic positioning as a challenger banking service with four years of experience as a gateway to the blockchain-powered digital global economy convinced new and existing investors to pledge a total of 13 million Euro in a Series A funding round.

31 July 2019

News/Blockchain

Circle CEO claims current financial system is 'failing 99% of the time'

Testifying before the US Senate Committee on Banking, Housing and Urban Affairs, Circle co-founder, chairman and CEO Jeremy Allaire highlighted that the existing financial services system is in dire need of being completely overhauled.

30 July 2019

News/Blockchain

Finextra issues call for comment on payments revolution

Finextra is opening a public consultation on the competitive pressures driving the future strategy and direction of banks, as the sector grapples with a series of profound disruptions that are shaking up the once staid payments industry.

26 July 2019

Company update/Blockchain

Digital Assets Data closes $3.2 million equity round

Digital Assets Data, a financial technology and data company focused on the burgeoning cryptoasset industry, has closed its first equity funding round, led by North Island, the investment firm of prominent technology investor and Silver Lake co-founder Glenn Hutchins, along with his son, James Hutchins.

26 July 2019

Company update/Blockchain

CryptoUK calls on Chancellor to prioritise digital asset sector

CryptoUK, the self-regulatory trade body for the cryptoasset sector in the UK, has written to the new Chancellor of the Exchequer, calling on the new government to prioritise the crypto industry as part of its ambitions to become a global fintech hub.

25 July 2019

Company update/Blockchain

Koin Rewards and TrueLayer work together to use Open Banking for ethical loyalty rewards

Koin Rewards, the ethical rewards platform built on blockchain, has integrated with leading financial API provider TrueLayer to provide customers with instant rewards via Open Banking.

25 July 2019

Company update/payments

Kinesis to launch bullion-backed, blockchain-based currency in Indonesia

Kinesis Money – creators of a robust blockchain-based currency the value of which is tied 1:1 to underlying physical gold and silver holdings – has achieved a major step forward in its vision to offer a superior alternative to mainstream central bank-mediated fiat monetary system.

24 July 2019

Company update/Blockchain

BaFin greenlights $250 million Fundament real estate token launch

Fundament Group, the Germany-based end-to-end security issuance solution for asset tokenization, has received approval from the German Financial Market Supervisory Authority (BaFin) to distribute the country’s first blockchain-based real estate bond.

23 July 2019

News/Blockchain

Ping An's OneConnect and UnionBank to bring blockchain-based financing to SMEs

Ping An's OneConnect has partnered with UBX, the wholly-owned fintech subsidiary of Union Bank of the Philippines, to build the country's first blockchain-enabled platform to meet the banking needs of micro, small and medium enterprises

22 July 2019

Company update/Blockchain

R3 names Cathy Minter as chief revenue officer

R3, the enterprise blockchain software firm, has today announced the appointment of Cathy Minter as Chief Revenue Officer (CRO).

19 July 2019

News/Blockchain

As blockchain hype subsides, banks count the cost of early euphoria

Banks and technology companies have poured billions of dollars into blockchain projects, but as the hype dies down, many of the early evangelists for the technology have come to the conclusion that production-ready deployment still remains a distant goal.

19 July 2019