Latest Blockchain News: Finextra Research

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

News/Blockchain

UK fintech growth programme invites applications

The UK government-backed Tech Nation is inviting applications for the second cohort of its fintech growth programme, which promises to give members intensive backing to help grow their businesses and the country's financial technology ecosystem.

05 June 2019

News/Blockchain

Big banks create Utility Settlement Coin company

Some of the world's biggest financial services firms - including Barclays, Nasdaq and UBS - have pumped £50 million into a new venture building a Utility Settlement Coin (USC), an asset-backed digital cash instrument implemented on distributed ledger technology.

03 June 2019

Company update/Blockchain

AlphaPoint reshuffles executive board

AlphaPoint, a leading global provider of asset tokenization software and digital trading technology founded in 2013, announced the appointment of President Igor Telyatnikov to the position of Chief Executive Officer.

03 June 2019

News/Blockchain

Money 20/20 Europe 2019 Q&A: World Economic Forum’s Ashley Lannquist

Ashley Lannquist, project lead, blockchain & distributed ledger technology at World Economic Forum, will be taking to the stage at Money 20/20 Europe in Amsterdam to discuss the industry consortia for blockchain innovation on Tuesday this week. Ahead of the session, Finextra spoke to Lannquist about any use cases that have been beneficial for the financial services, the WEF’s work with the technology and how to take an inclusive approach.

03 June 2019

Finextra TV/Blockchain

APIs and open platforms excite banking leaders at FusionONE 2019

Finextra’s Hannah Wallace reports on day one of the FusionONE open banking developer conference. We hear how Finastra’s vision for the future of banking re-engineered upon APIs and open platforms has excited banks and partners. RBS, nkbc, ING, Credit Suisse, ClearBank, Amsterdam Trade Bank are among some of the many leading financial institutions to share their first impressions exclusively with Finextra Research.

31 May 2019