Blockchain

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ANZ and Wells Fargo test distributed ledger tech for correspondent banking

/Blockchain

ANZ and Wells Fargo test distributed ledger tech for correspondent banking

Wells Fargo and Australia's ANZ have built a shared distributed ledger platform prototype for correspondent banking payment reconciliation and settlement.

/Blockchain

Blockchain loyalty and rewards startup Loyyal joins Dubai accelerator

Loyyal, a leading blockchain start up focused on creating the future in global loyalty and rewards, today announced that it is participating in the inaugural Dubai Future Accelerators program.

/Blockchain

Blockstream completes end-to-end test of lightning micropayment

This story of feline acquisition begins with the demonstration of v0.5 of the C lightning prototype, a lightning-fast micropayment system we've been working on here at Blockstream.

Luxembourg fund industry coalesces around blockchain

/Blockchain

Luxembourg fund industry coalesces around blockchain

The Luxembourg fund industry is exploring how the uptake of distributed ledger technology can be applied to radically transform the asset management business, adopting a consortium-based approach involving nine leading banks, professional services firm PwC and local startup Scorechain.

/Blockchain

United Nations tackles blockchain and crowdfunding in Alternative Finance Lab

Ten months ago we had an eclectic group of people introduce a slew of new financial mechanisms - blockchain based cash transfers and impact bonds for reducing recidivism to forecast based finance for disasters and peer to peer lending for SMEs - emerging into what the ODI calls a new ‘age of choice’ for the development finance.

Thomson Reuters builds blockchain user-entitlement platform

/Blockchain

Thomson Reuters builds blockchain user-entitlement platform

Thomsons Reuters has unveiled an identity verification platform that enables developers to manage access to their blockchain contracts.

/Blockchain

FIS focuses on blockchain for inhouse hackathon

Creating the future of financial technology isn’t just a challenge – it’s the goal behind FIS’ annual Hackathon competition. FIS (NYSE: FIS), a global leader in financial services technology, hosted the final of its Hackathon 2016, a worldwide coding competition between FIS technologists, last week in Singapore with 13 finalist teams competing against each other for 48-hours, non-stop.

Sydney Stock Exchange completes first phase of blockchain-based settlement project

/Blockchain

Sydney Stock Exchange completes first phase of blockchain-based settlement project

The Sydney Stock Exchange is looking to beat its larger compatriot, the Australian Stock Exchange, to the punch in the development of a blockchain-based settlement system for equity securities.

/Blockchain

IBM spends $200 million on German blockchain and IoT lab

IBM (NYSE: IBM) today unveiled a $200 million USD investment in the new global headquarters for its Watson Internet of Things (IoT) business in Munich, new IoT capabilities around Blockchain and security and an array of clients that are driving real outcomes by using Watson IoT technologies to draw insights from billions of sensors embedded in machines, cars, drones, ball bearings, pieces of equipment and even hospitals.

The app economy accelerates innovation

/Blockchain

The app economy accelerates innovation

Simon Paris, President, Misys, describes the app economy and how it can change bank services for corporate customers.

/Blockchain

Medical data application wins ABN Amro Hyperledger hackathon

The winner of the first Hyperledger Hackathon for blockchain applications was announced yesterday.

/Blockchain

D+H and Rabobank execute cross-border payment on a blockchain

DH Corporation (DH.TO) ("D+H"), a leading provider of technology solutions to financial institutions globally, and Rabobank today announced the execution of a proof of concept that has shown that D+H's payments services hub, together with Coin Sciences' multichain blockchain solution, is able to execute cross-border payments in near real-time for the bank, using distributed ledger/blockchain technology.

Banks ready for real-world blockchain

/Blockchain

Banks ready for real-world blockchain

Distributed ledger technology is set to move out of the test environment and into the wild next year, with nearly two thirds of banks expecting to be in production with full-scale, commercial blockchain projects by 2019, according to research from IBM.

/Blockchain

Standard Chartered slashes cross-border payment times with Ripple

Standard Chartered has announced the completion of the first real-time cross-border payment for businesses with another major correspondent bank in the Bank’s latest step to leverage distributed ledger technology for its clients as part of the recently launched ‘Banking the ecosystem’ strategy.

/Blockchain

Kite opens 'Blocktribe' recruitment portal

Kite Consulting Group, providing financial recruitment hires throughout Europe, today announced the launch of Blocktribe, a specialist site designed to list the best blockchain-related jobs around the globe.

Credit Suisse drives blockchain project in syndicated loans market

/Blockchain

Credit Suisse drives blockchain project in syndicated loans market

Credit Suisse and the R3 blockchain consortium are driving a new initiative to apply distributed ledger technology to overhaul antiquated and costly manual intervention in the $3 trillion global syndicated loans market.

Ripple rudely gatecrashes Sibos party

/Blockchain

Ripple rudely gatecrashes Sibos party

Like the unwanted guest at a party who trashes the house and runs off with your girlfriend, Ripple is throwing its weight around at Swift's annual Sibos conference with a series of barbed tweets and acerbic commentary asking if the interbank co-operative's set-piece Global Payments Innovation initiative is all its cracked up to be.

/Blockchain

Blockchain innovation centre opens in Washington DC

The Chamber of Digital Commerce and technology incubator 1776 have partnered to launch the DC Blockchain Center to serve as Washington, DC's entrepreneurial resource for technology providers and governments investing and innovating in blockchain-based technologies.

CSDs look to harness distributed ledger technology

/Blockchain

CSDs look to harness distributed ledger technology

A pair of central securities depositories (CSDs) are tackling the threat posed to their industry by the blockchain frenzy head on, forming a partnership to explore how they can make the most of distributed ledger technology.

/Blockchain

CGI to implement Ripple Validator Node

CGI (GIB) (GIB-A.TO) today announced it is the first commercial enterprise to implement the Ripple Validator Node.

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