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

JP Morgan touts bank-issued deposit tokens

Blockchain-based deposit tokens, rather than stablecoins, could emerge as the foundation for stable digital money, according to a report from JP Morgan and Oliver Wyman.

10 February 2023

News/sustainable

Big banks invest $45m in carbon credit transaction network

A group of nine banks has pumped $45 million into Carbonplace, the global DLT-based carbon credit transaction network they founded that is now becoming an independent entity ahead of its planned launch later this year.

09 February 2023

Company update/devops

Fujitsu ships Web3 developer platform

Fujitsu today announced the launch of its 'Fujitsu Web3 Acceleration Platform,' offering a developmental environment as well as various service APIs based on blockchain and high-performance computing technologies.

06 February 2023

Company update/crypto

Blockchain player Paxos opens R&D centre in Israel

Paxos, the most comprehensively regulated blockchain and tokenization infrastructure platform, announced it is launching an engineering research & development center of security and cryptography excellence in Israel.

03 February 2023

News/markets

EIB issues its first ever digital bond in pound sterling

The European Investment Bank (EIB) has priced its first ever £50 million digital bond using a combination of private and public blockchains operated and accessed via HSBC's tokenisation platform, Orion.

01 February 2023

Company update/retail

Penrith Building Society signs with docStribute for DLT-based customer comms platform

London-based RegTech startup docStribute has joined forces with Penrith Building Society to make their best-in-class DLT solutions available to Penrith members.

30 January 2023

Company update/people

Ripple names Monica Long as president

Today, Ripple announced that it has promoted SVP and General Manager Monica Long to the role of President.

30 January 2023

Company update/markets

Japan Securities Clearing Corporations implements blockchain for settlement of rubber futures

This is to announce that, with cooperations of the stakeholders, starting from January 2023, Japan Securities Clearing Corporation, CCP under Japan Exchange Group, Inc., implements a blockchain technology in the settlement by delivery of rubber futures as detailed below, as a first shot of its utilization of a blockchain technology.

30 January 2023

Company update/identity

OneSpan snaps up Aussie blockchain tech provider, ProvenDB

OneSpan Inc. (NASDAQ: OSPN), the digital agreements security company, today announced that it has agreed to acquire ProvenDB, an Australia-based startup that delivers secure storage and vaulting for documents based on blockchain technology, to provide an industry-leading trust model for high assurance contracts and documents. ProvenDB will extend the capabilities of OneSpan’s Transaction Cloud Platform to both public and private blockchains and serve as a modern technological foundation for high assurance business processes for Web3.

27 January 2023

Company update/crypto

Worldline contributes to Tokenise Europe 2025 report

Worldline [Euronext: WLN], a global leader in payment services, has participated in the compilation of the report entitled “Tokenise Europe 2025: Initiative aims to drive tokenisation”.

24 January 2023

Company update/markets

City of Lugano launches 6-year digital bond on DLT platform from SDX

The city of Lugano, Switzerland, launched a 6-year CHF senior unsecured bond (ISIN: CH1232107172) with a total issue volume of CHF 100 million and a maturity in 2029.

23 January 2023

News/crypto

NAB mints its own stablecoin

National Australia has become the second of the big four banks to mint its own stablecoin.

19 January 2023

News/crypto

ConsenSys cuts workforce by 11%

Blockchain software engineering firm ConsenSys is laying off 96 staffers - 11% of its workforce - citing the crypto bear market and wider economic environment.

19 January 2023

Company update/crypto

Judge rules in favour of shareholder request to audit ConsenSys

On the 5th of January 2023, the Supreme Court of the Canton of Zug ruled in favour of a shareholder request to audit the founding transaction of ConsenSys Software Incorporated (CSI).

18 January 2023

News/wholesale

ABN Amro registers digital bond on public blockchain

ABN Amro has become the first bank in Europe to register a digital bond for a Midcorp client on the public blockchain.

16 January 2023

Company update/people

Securrency names Nadine Chakar CEO

Securrency, a leading developer of institutional-grade, blockchain-based financial and regulatory technology, today announced that Nadine Chakar will join the company and assume the role of Chief Executive Officer effective January 9th, 2023.

05 January 2023

News/crypto

Visa explores auto payments for crypto wallets

Researchers at Visa have been investigating how to enable automatic recurring payments for self-custodial crypto wallets.

21 December 2022

News/crypto

UN pilots blockchain-based system for getting aid to people in Ukraine

The United Nations Refugee Agency (UNHCR) is piloting the use of blockchain technology to get digital cash payments to internally displaced people in Ukraine.

20 December 2022

News/crypto

Banque de France, HSBC, IBM test interoperability of wholesale CBDC

Following experiments demonstrating that DLT can be used with existing networks to complete CBDC financial transactions in real-time, Banque de France, HSBC and IBM have published a paper exploring their key findings.

16 December 2022

News/markets

Rabobank hails blockchain pilot for euro commercial paper transactions

Rabobank has executed a series of real-time euro commercial paper transactions in a blockchain pilot the lender says demonstrates the technology's potential to provide borrowers and asset managers with real-time liquidity.

16 December 2022