Latest Blockchain News: Finextra Research

Misys-inspired World Trade Board advances trade finance agenda

Today at Sibos 2016, the World Trade Board unveiled three key initiatives to drive the trade finance agenda.

26 September 2016

BNP Paribas is working with clients on blockchain deployment

BNP Paribas says it has entered 'co-development mode' with clients to pilot a number of blockchain applications for transaction banking, after embarking on a collaborative process during its ‘Blockchain Bizhackathon’ earlier this year.

26 September 2016

News/Blockchain

IBM and China UnionPay apply the blockchain to loyalty bonus point exchange

IBM and China UnioPpay have demonstrated a blockchain prototype for loyalty bonus points exchange among multiple banks.

23 September 2016

Company update/Blockchain

Marine Transport International applies blockchain to shipping supply chain

MTI (‘Marine Transport International (UK) Limited’) today announces the deployment of the world’s first public blockchain solution in the global shipping industry.

23 September 2016

News/Blockchain

Swift beware: Ripple signs banks to global payments steering group

As Swift gears up for its annual Sibos jamboree in Geneva next week, the interbank messaging network is facing up to a growing threat from Ripple, which has signed up several major banks to a steering group on the use of distributed financial technology for global payments.

23 September 2016

News/Blockchain

RBS tests demonstrate ability of Ethereum to support a national domestic payments system

The Innovation Engineering team at Royal Bank of Scotland has built a Clearing and Settlement Mechanism (CSM) based on the Ethereum distributed ledger and smart contract platform.

23 September 2016

News/Blockchain

The digitalisation challenge: how much more do banks need to do?

Finextra will be hosting a roundtable in NYC on 4 October that will explore banks’ progress in securing their role in the digital ecosystem.

22 September 2016

News/Blockchain

SIX hires Digital Asset for post-trade DLT; Swift bids for standards role

SIX Securities Services has contracted with Digital Asset Holdings to develop a proof of concept that will demonstrate the commercial viability of distributed ledger technology across the Swiss financial market, with an initial focus on securities lifecycle processing.

22 September 2016

News/Blockchain

Wealth management firms to embrace tech and see off fintech insurgents - report

Wealth management firms are falling short of client expectations when it comes to their use of technology, but established players in the field are likely to respond well to the digital revolution and will not be displaced by fintech insurgents, new research from Roubini ThoughtLab suggests.

21 September 2016

News/Blockchain

CIBC, NAB and Bank Leumi form innovation alliance

Canadian Imperial Bank of Commerce, National Australia Bank and Israel's Bank Leumi have formed an "innovation alliance" that will see them share strategies for improving client services in the digital age.

21 September 2016

News/Blockchain

Banks test blockchain for reference data management

In the latest blockchain experiment carried out under the R3 banner, major banks including Citi and HSBC are looking into how distributed ledger technology can be used to simplify reference data processes.

20 September 2016

Company update/Blockchain

Broadridge buys tech to push proxy blockchain plan

Broadridge Financial Solutions, Inc. (BR) announced today that it has acquired technology assets of Inveshare, Inc. (“Inveshare”).

20 September 2016

News/Blockchain

Leeds community gets behind UK regional fintech push

At YBS hosted event, local fintech stakeholders grapple with challenge of acting quickly but strategically.

20 September 2016

Company update/Blockchain

Accenture debuts prototype of ‘editable’ blockchain for enterprise and permissioned systems

Accenture (NYSE: ACN) has created a prototype of a new capability that enables blockchain technology to be edited under extraordinary circumstances to resolve human errors, accommodate legal and regulatory requirements, and address mischief and other issues, while preserving key cryptographic features.

20 September 2016

News/Blockchain

Time has come to extract value from blockchain investment – new Finextra paper

Latest Finextra paper finds blockchain has grown up during 2016, and explores industry’s efforts to exploit its potential in a shorter timeframe.

20 September 2016

Company update/Blockchain

Synechron launches blockchain accelerator applications in the cloud

Synechron Inc., a global financial services consulting and technology services provider, has today announced the launch of its Blockchain Accelerator Program that includes its first six blockchain applications available in the cloud.

20 September 2016

Company update/Blockchain

Aesthetic Integration launches formal verification platform for smart contracts

Aesthetic Integration, a London-based fintech startup which applies formal verification to analyse safety and fairness of algorithms in financial markets, is today announcing at Devcon2, the launch of Imandra Contracts, the world’s first platform using this technique for blockchain-backed smart contracts.

19 September 2016

Company update/Blockchain

Kynetix partners Imperial College London to develop the first commodity-specific blockchain operatin

Kynetix, the leading provider of solutions which enable physical commodities to be represented electronically in the financial and banking world, has partnered with Imperial College London to develop the first commodity-specific blockchain operating model complete with working software.

19 September 2016

News/Blockchain

BNP Paribas extends crowdfunding blockchain programme

BNP Paribas Securities Services is expanding its blockchain platform for private stocks to help unlisted companies issue minibonds via crowdfunding platforms.

19 September 2016

Company update/Blockchain

Australia to lead international blockchain standards committee

Australia will manage the secretariat of an international technical committee for the development of blockchain standards after the International Organization for Standardization (ISO) approved Standards Australia’s proposal for new international standards on blockchain.

16 September 2016