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

Company update/security

Coinhouse integrates Ledger Vault cryptocurrncy wallet management system

Coinhouse, the leading European platform that provides retail and institutional investors with a turnkey solution to buy and sell digital assets, announces it has integrated Ledger Vault’s multi-authorization cryptocurrency wallet management solution.

20 June 2019

News/Blockchain

Banks falling behind in digital transformation efforts

Despite investing more than $1trn globally in new technology over the last three years, the majority of banks have yet to see any financial boost from their digital transformation programmes.

20 June 2019

News/Blockchain

Ripple buys stake in MoneyGram

Ripple has agreed to invest up to $50 million in MoneyGram as part of a two-year partnership that will see the old-school money transfer player tap the blockchain startup's XRP digital currency for cross-border payment and foreign exchange settlement.

19 June 2019

Company update/Blockchain

Metaco, AlgoTrader and Cysec team on Swiss-made crypto-asset management ecosystem

Metaco, AlgoTrader and Cysec (formerly ArcaTrust) have entered into a strategic partnership to offer a comprehensive, all Swiss-made crypto asset management ecosystem for financial institutions to manage the entire life-cycle of their crypto assets: from secure storage and management to automated trading and execution.

19 June 2019

News/Blockchain

Regulators and politicians respond to Facebook's crypto plans

Regulators, politicians and other crypto players have all responded to yesterday's unveiling of Facebook's Libra project and suggested that the social media giant's digital currency plans may face several challenges.

19 June 2019

News/Blockchain

India to review payments data storage rule

The Indian central bank has been persuaded to reconsider a controversial law that mandates payments data should not be allowed to leave India's borders.

18 June 2019

News/Blockchain

Italy's banks to use DLT for reconciliations

The Italian Banking Association (ABI) has revealed that the country's banks will be using distributed ledger technology (DLT) to run its reconciliations as of March 2020, making it the first use of the blockchain among Italy's banks.

18 June 2019

News/Blockchain

Facebook gets big backers for GlobalCoin project

Facebook has reportedly landed Visa, Mastercard, Paypal and Uber as founder members of its forthcoming stablecoin ecosystem.

14 June 2019

Company update/Blockchain

Blockchain outfit Spring Labs raises $23m

Spring Labs, the company developing the Spring Protocol -- a blockchain-based platform designed to transform how information and data are shared globally -- today announced that the company has raised $23 million in Series A funding.

13 June 2019

Company update/Blockchain

Turkey's BKM goes live with blockchain-based digital certificate platform

BKM transfers certificates to blockchain-based environment through belgem.io, a distributed application developed with Microsoft and VeriPark.

12 June 2019

News/Blockchain

Ripple launches in Brazil

Ripple is looking to expand its footprint in Latin America, launching operations in Brazil and bringing in former American Express and Banco Bradesco exective Luiz Antonio Sacco as managing director.

12 June 2019

News/Blockchain

Visa launches DLT-based cross-border payments platform

Visa has officially launched B2B Connect, its distributed ledger-based, non-card platform for high-value corporate, cross-border payments.

11 June 2019

Finextra TV/Blockchain

Breaking the paradigm: Social benefits from banking

Tom Hewson, Senior Partner, RedCompass, speaks about how banks are tackling low ROE and trying to cut costs while complying to regulation, what opportunities will come from these challenges, what tools are available for FIs who are getting lost in the fog of data and what this means for areas of banking that are less regulated.

10 June 2019

News/Blockchain

Money 20/20 Europe 2019 Q&A: CCAF’s Michel Rauchs

Following his panel on the ethics and governance of cryptocurrency, Finextra spoke to Michel Rauchs, cryptocurrency & blockchain lead at the Cambridge Centre for Alternative Finance (CCAF), about the use cases for DLT and the maturity of the cryptoasset market, addressing concerns around risk in addition to whether virtual currency could become a sustainable asset class.

10 June 2019

Finextra TV/Blockchain

Developer Day at FusionONE stirs excitement among the users

Finextra’s Hannah Wallace reports on day two of the FusionONE open banking developer conference to learn more about Finastra’s vision for the future of banking re-engineered upon APIs and open platforms. We gain exclusive insight from the developers into what's exciting them most about FusionFabric.cloud and how they are looking to innovate and create using the platform.

10 June 2019

News/Blockchain

Blockchain benefits limited for retail banks - report

A report from management consultant McKinsey suggests that retail banks have been slower to adopt blockchain technology because they face more challenges in reaping the potential benefits.

07 June 2019

Company update/regulation

FSB publishes report on decentralised financial technologies

The Financial Stability Board (FSB) today published a report on Decentralised financial technologies.

06 June 2019

Company update/Blockchain

Chainalysis partners Lendingblock for compliance push

Chainalysis, the blockchain analysis company, is working with Lendingblock, the institutional lending exchange for digital assets, to implement anti-money laundering technology and best practices in anticipation of global regulatory guidance from the Financial Action Task Force (FATF).

06 June 2019

Company update/Blockchain

SIA and Quant Network form blockchain interoperability alliance

SIA, the leading European hi-tech company in the payment services and infrastructures sector, and Quant Network, a UK-based pioneering technology company, have signed a partnership agreement to explore blockchain interoperability and the creation of agnostic cross-platform applications and services for banks and financial institutions.

05 June 2019

News/ai

Money 20/20 Europe 2019: The interplay of AI, cloud, blockchain and quantum computing

On the final day of Money 20/20 Europe 2019 in Amsterdam, Jesse McWaters, financial innovation lead at the World Economic Forum starts the day discussing the interplay of AI, cloud, blockchain and quantum computing, and what happens when it all collides.

05 June 2019