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

Ghana pilots blockchain-based credentials and CBDC for global trade

The Bank of Ghana (BoG) has completed a proof-of-concept into the use of digital credentials for international trade and CBDC-based cross-border payments.

31 July 2024

News/markets

UBS and CIBC execute intraday FX swap transaction on Finteum DLT platform

UBS and CIBC have executed a world-first intraday FX swap transaction on the DLT-enabled Finteum Platform.

30 July 2024

News/startups

Blockchain data platform Allium raises $16.5m

Allium, a blockchain data platform that works with the like of Visa and Stripe, has raised $16.5 million in a Series A funding round.

18 July 2024

News/payments

Bank-backed DLT-based payments network Partior raises $60m

Partior, the bank-backed fintech behind a global unified ledger-based interbank rails for real-time clearing and settlement, has raised $60 million in Series B funding.

15 July 2024

News/crypto

FIX Trading Community and GDF bid to build messaging gateway for digital assets

The FIX Trading Community and Global Digital Finance have formed a joint working group with the aim of connecting buyside trading desks with the world of tokenized assets

09 July 2024

News/predictions

Trade finance to play major role in $30 trillion tokenised assets market

Demand for tokenised real-world assets could reach $30.1 trillion by 2034, with trade finance assets making up a significant part of the market, predicts a paper from Standard Chartered and Synpulse.

28 June 2024

News/payments

Visa looks to generative AI to enhance tokenisation

At Money 20/20 Europe, Mehret Habteab, senior VP of product and solutions at Visa Europe, announced the company generated $40 billion in incremental e-commerce revenue globally, after issuing over 10 billion tokens since their launch in 2014.

04 June 2024

News/regulation

Next UK government should make Big Tech pay to fight scams - UK Finance

The next UK government should introduce a bill that forces technology, social media and telecoms firms to contribute £40 million a year to fight fraud and scams, says UK Finance.

31 May 2024

News/crypto

Mastercard pilots Crypto Credential network

Mastercard has begun piloting its Crypto Credential network, enabling cross-border peer-to-peer digital asset transactions between Latin America and Europe.

31 May 2024

News/security

CBA pilots NameCheck technology on JPMorgan's Liink blockchain

Commonwealth Bank of Australia is to help validate bank account details used in international payments to Australia by integrating its NameCheck technology with JPMorgan's blockchain network Liink.

30 May 2024

News/crypto

PayPal stablecoin comes to Solana blockchain

PayPal's PYUSD is now available on the Solana blockchain in a move that the company says will make its stablecoin faster and cheaper to use.

30 May 2024

News/markets

Pursuit of faster settlement times via DLT will hit market quality

Adopting distributed ledger technology in the pursuit of faster settlement times could hit liquidity and increase transaction costs, warns research from the World Federation of Exchanges (WFE).

23 May 2024

News/startups

Mastercard picks new batch of crypto and blockchain Start Path firms

Mastercard has welcomed five new firms to its Start Path startup programme specifically for firms in the cryptocurrency and blockchain space.

17 May 2024

News/payments

Standard Chartered brings blockchain to payments with Partior

Standard Chartered is the first Euro settlement bank to go live on Partior, the global unified ledger market infrastructure, integrating blockchain innovation directly into the bank’s payment systems

16 May 2024

News/sustainable

Mastercard and Standard Chartered pilot tokenised deposits

Mastercard has teamed up with Standard Chartered on a proof-of-concept pilot exploring tokenised deposits and tokenised carbon credits.

16 May 2024

News/crypto

Broadridge to offer JPM Coin as settlement mechanism for DLR platform

JP Morgan has struck a deal to offer its JPM Coin digital token as a settlement mechanism for Broadridge's DLR (Distributed Ledger Repo) platform.

14 May 2024

News/payments

ECB conducts first DLT trials for wholesale central bank money settlement

The Eurosystem has begun the first of a series of trials to test the use of distributed ledger technology (DLT) for the settlement of wholesale transactions in central bank money.

14 May 2024

News/payments

Kima bids to build a 'DeFi credit card’

Israeli startup Kima is running a project with Mastercard's FinSec Innovation Lab to connect decentralised finance (DeFi) applications with fiat systems.

14 May 2024

News/markets

US FS giants explore multi-asset settlement using share ledger tech

A host of major US financial services firms - including Citi, JP Morgan, and Visa - are taking part in a Regulated Settlement Network (RSN) proof-of-concept that will explore multi-asset settlement using shared ledger technology.

09 May 2024

News/wealth

Emirates NBD's Liv explores real-world asset tokenisation

Emirates NBD's digital offshoot Liv is working with B2B alternative asset solutions provider Ctrl Alt to explore the tokenisation of real-world assets.

08 May 2024