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

NAB completes cross-border multicurrrency stablecoin pilot

NAB has completed an intra-bank cross-border transaction using its own minted stablecoin.

15 March 2023

Company update/startups

Web3 startup Tweed raises $4 million

Tweed, a plug and play white-label wallet and payment solution to support any web2 platform tapping into the web3 space, today comes out of stealth to announce it has raised a $4m seed funding round led by Accel.

09 March 2023

News/startups

Fintech deals in Singapore reach record levels

Singapore's fintech sector enjoyed a mixed year in 2022, with a record level of activity but a significant drop in the level of funding, according to recently published data.

03 March 2023

Company update/wholesale

Aventus and Nexos team on blockchain and Web3

Aventus, a Web3 solutions provider for enterprises, has partnered with Nexos Technologies, a digital payments and banking platform providing open banking and payment solutions, in order to bring blockchain-enabled solutions to the digital banking and payments sector.

28 February 2023

Company update/wholesale

Contour strikes collaboration agreement with TradeGo

Contour, the global digital trade finance network has today announced its strategic partnership with TradeGo, a blockchain-based commodity trading service platform that enables the secure and transparent transfer of electronic Bills of Lading (eBL).

28 February 2023

News/crypto

Mastercard partners Immersve on Web3 crypto payments

Mastercard has teamed up with Web3 outfit Immersve to let people in Australia and New Zealand use cryptocurrency directly from their Web3 wallet to make digital, physical and metaverse purchases wherever Mastercard is accepted.

23 February 2023

News/crypto

BIS chief floats unified programmable ledger to turbocharge payments innovation

A unified programmable ledger could unleash an explosion of innovation in payments and money comparable to the arrival of the smartphone, according to Bank for International Settlements general manager Agustín Carstens.

23 February 2023

Company update/markets

Swarm launches tradable stocks on blockchain

Swarm, the regulated blockchain platform, today announces the launch of a world-first public investment offering for AAPL. TSLA, and two US Treasury Bond ETFs on-chain.

21 February 2023

News/markets

UK provides legal clarity on issuance of digital securities via blockchain

LawtechUK, a government-backed and industry-led group tasked with promoting the use of English law and the UK’s jurisdictions in the context of novel technologies, has determined that the UK legal framework is fit for purpose in relation to the issue of digital securities.

16 February 2023

Company update/wholesale

European Commission opens blockchain regulatory sandbox

The European Commission today launched a regulatory sandbox for innovative use cases involving Distributed Ledger Technologies (DLT).

15 February 2023

Company update/wholesale

Commerzbank and T-Systems to deliver automated supply-chain financial services

T-Systems and Commerzbank have signed a cooperation agreement for collaboration in the industrial sector.

13 February 2023

News/crypto

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