Latest Blockchain News: Finextra Research

More global banks back blockchain collaboration plan

An initiative to create a set of global standards for the use of distributed ledger technology in financial markets has picked up momentum, with another 13 major banks - including BofA, Deutsche Bank and HSBC - throwing their weight behind the plan.

29 September 2015

News/Blockchain

Iran joins fintech revolution

The fintech revolution continues to spread across the globe, reaching former pariah state Iran in the form of a digital finance conference next month.

28 September 2015

Finextra TV/Blockchain

Banks grapple with ‘omnichannel’ opportunity

Matt Williamson, Global Head of Payments at Misys, talks about how banks can ready their IT infrastructures to tackle rising competition from new payments entrants without ripping out everything they’ve invested in so far.

28 September 2015

News/Blockchain

Finextra Q&A: Jeff Dennes, chief digital officer, BBVA Compass

BBVA Compass has developed a reputation as one of America's most forward-thinking banks. Last year Jeff Dennes joined the team to lead its charge into the digital era. He talks to Finextra about what being a chief digital officer entails and the bank's relationship with the fintech community.

28 September 2015

Company update/Blockchain

Bitcoin startup LedgerX appoints former CFTC commissioner Wetjen to board

LedgerX announces the appointment of Mark Wetjen to the Board of Directors of Ledger Holdings Inc., the parent company of LedgerX LLC.

25 September 2015

Company update/Blockchain

TechBureau launches Mijin, a permissioned blockchain for banks

Tech Bureau (CEO: Takao Asayama) announces Mijin, a low-cost solution for creating permissioned blockchains.

25 September 2015

News/Blockchain

Blockchain and bond market trading win out in BBVA London startup contest

Two London-based fintech start-ups - Everledger, which uses the blockchain to record ownership of valuables, and Origin Markets, a platform which directly connects corporate bond issuers with institutional investors - have won the 2015 BBVA Open Talent Europe final.

24 September 2015

News/Blockchain

Swiss fintech incubator Fusion ignites with first intake

Swiss fintech incubator Fusion has selected the first ten startups to join a 12-month accelerator scheme, having ploughed through over 100 applications from aspiring companies working in traditional Swiss strongholds such as asset and wealth management, insurance, and commodity trading.

24 September 2015

Company update/Blockchain

21 ships first bitcoin computer

Today we’re announcing a new kind of device for sale: the 21 Bitcoin Computer, the first computer with native hardware and software support for the Bitcoin protocol.

23 September 2015

News/Blockchain

Competition watchdog urged to probe Oz bank 'collusion' in bitcoin shutdown

Queensland National Senator Matthew Canavan has called on Australia's competition watchdog to investigate the actions of the nation's banks in refusing to handle the accounts of bitcoin startups across the country.

23 September 2015

Company update/Blockchain

Smart contract startup Stampery to debut at Tech Crunch Disrupt

Stampery has been chosen to participate in the main tech event in Silicon Valley, San Francisco, the “Tech Crunch Disrupt” Battlefield.

23 September 2015

News/Blockchain

Circle granted first BitLicense

Bitcoin startup Circle has become the first firm to be granted a BitLicense from New York state's financial watchdog.

22 September 2015

News/Blockchain

Large banks could save $4bn per annum by creating a trade processing utility - Broadridge

Large banks could save up $4 billion each year by adopting a shared utility model for trade processing, according to a study by Broadridge.

22 September 2015

News/Blockchain

BofA files for cryptocurrency-based wire transfer system patent

Bank of America has filed a US patent application for a system and method that uses cryptocurrency technology for wire transfers.

22 September 2015

Finextra TV/Blockchain

Taking the costs out of forex

Nik Storonsky, founder and CEO of Revolut, addresses the high costs of hidden credit card fees abroad and the importance of increasing the number of users in foreign exchange platforms to reduce bank trading charges.

21 September 2015

Company update/Blockchain

BTCS and Spondoolies-Tech sign merger agreement

BTCS Inc. (OTCQB: BTCS) ("BTCS" or the "Company") and Spondoolies-Tech Ltd. ("Spondoolies") have entered into a definitive merger agreement.

21 September 2015

Company update/Blockchain

New bitcoin product launch on Nasdaq by XBT Provider

XBT Provider AB (publ) announced today the launch of Bitcoin Tracker EUR, a bitcoin-based security denominated in Euro.

21 September 2015

News/Blockchain

BofE's Haldane suggests ditching cash for cryptocurrency

The Bank of England's chief economist has floated the prospect of abolishing paper cash and replacing it with a state-backed digital currency as a way of facilitating negative interest rates.

18 September 2015

News/Blockchain

CFTC institutes first action against bitcoin options trader

In its first action against an unregistered bitcoin options trading platform, the Commodity Futures Trading Commission (CFTC) in the US has ruled that virtual currencies are a commodity and as such should come under the purview of the Commodity Exchange Act (CEA).

18 September 2015

News/Blockchain

BitPay loses $1.8m in phishing attack

BitPay lost $1.8 million in a phishing attack late last year, according to lawsuit filed by the bitcoin payment processing firm against an insurer it is trying to get to cover some of the losses.

17 September 2015