Latest Blockchain News: Finextra Research

Majority of consumers trust generative AI for financial planning

The majority (53%) of consumers trust generative AI technology to be used for its financial planning, suggests recently published research.

20 June 2023

News/crypto

BIS and Bank of England complete CBDC project

A pilot project involving central bank digital currencies (CBDCs) jointly run by the Bank of England (BoE) and the Bank of International Settlements (BIS).

16 June 2023

News/payments

Colombian central bank partners Ripple for blockchain pilot

Colombia's central bank is testing how Ripple's new end-to-end CBDC platform could help boost the country's high-value payment system.

16 June 2023

News/markets

R3 bids for DLT interoperability

Distributed ledger technology services firm R3 has rolled out a public beta of its flagship product Corda that is capable of interoperating with other blockchain networks.

14 June 2023

News/markets

Bank of China's BOCI issues first tokenised notes

The Bank of China’s investment banking arm, BOCI, has issued a tokenised security on the main Ethereum blockchain in Hong Kong.

13 June 2023

News/crypto

A16z crypto opens first overseas office in UK

A16z crypto, the Andreessen Horowitz venture capital fund dedicated to crypto and Web3 startups, has chosen the UK as its first overseas office outside the US.

12 June 2023

News/payments

Swift steps up blockchain experimentation

Swift is working with more than a dozen financial institutions and market infrastructures to test the use of its messaging network as a means to instruct the transfer of tokenised value over a range of public and private blockchain networks.

07 June 2023

News/crypto

NY Fed and MAS find promise in CBDC for cross border payments

Distributed ledger technology can be used for cross-border, cross-currency payments between different CBDC ledgers, reducing settlement risk and cutting settlement time, according to research from the Monetary Authority of Singapore and the Federal Reserve Bank of New York.

22 May 2023

News/crypto

Ripple buys crypto custody provider Metaco

Blockchain firm Ripple has acquired Swiss crypto custody player Metaco in a $250 million deal.

17 May 2023

News/crypto

Emirates NBD opens Digital Asset Lab

Emirates NBD has opened a Digital Asset Lab to develop fresh ideas for consumer-facing financial services using digital assets and their underlying technologies.

17 May 2023

News/markets

GFMA calls for regulators to take more innovative approach to DLT in capital markets

A new report from the Global Financial Markets Association (GFMA) claims that distributed ledger technology can have "transformative benefits" for capital markets but that regulators need to take a more innovative approach.

17 May 2023

News/crypto

Visa uses CBDC for programmable finance prototype for farmers

Taking up a challenge from Brazil's central bank, Visa has built a prototype of a programmable finance platform for farmers using a CBDC.

10 May 2023

News/markets

Finance heavy-hitters back interoperable financial blockchain network

BNP Paribas, Goldman Sachs and Deutsche Börse Group are among a clutch of financial market participants to have have thrown their weight behind an initiative to build an interoperable blockchain network designed for institutional asset trading.

09 May 2023

News/crypto

Mastercard aims to boost trust for blockchain transactions

Mastercard is teaming up with Web3 players on an on-chain identity and verification framework covering a variety of applications in payments, remittances, ticketing and NFTs.

01 May 2023

News/crypto

Visa staffs up for 'ambitious' crypto plans

Visa is on the hunt for senior software engineers for an "ambitious crypto product roadmap" that will "drive mainstream adoption of public blockchain networks and stablecoin payments".

28 April 2023

News/retail

NextGen Nordics: Managing innovation risk with regulation and education

Rounding out the NextGen Nordics’ afternoon sessions, Anna Milne, editor at Finextra, took to the stage for a fireside chat with Einar Eidsson, product director, for buy-now-pay-later (BNPL) provider, indó iceland.

27 April 2023

News/crypto

Temenos integrates with DLT-based CBDC tech stacks

Core banking vendor Temenos has been preparing for the digital currency future, integrating with two DLT-based CBDC technology stacks.

27 April 2023

News/markets

Delta Capita buys SETL capital markets business

Delta Capita is setting up a distiributed ledger venture, acquiring the capital markets business of blockchain firm SETL and signing up Montis Group as an anchor client and minority investor.

24 April 2023

News/wholesale

HSBC trials confidential computing to boost global trade finance

HSBC and not-for-profit blockchain tech consortium Global Shipping Business Network (GSBN) have carried out a proof-of-concept using "confidential computing" for trade finance.

20 April 2023

News/payments

Bank of England finds new use cases for DLT in synchronised setttlement

The Bank of England and the Bank for International Settlements have successfully completed a DLT-based pilot to assess the use of synchronous settlement in central bank money.

19 April 2023