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

MAS sets out three-year transformation plan for financial services

Mr Lawrence Wong, Deputy Prime Minister and Minster for Finance, and Monetary Authority of Singapore (MAS) Deputy Chairman, launched the Financial Services Industry Transformation Map (ITM) 2025 today.

15 September 2022

News/markets

Swift runs blockchain pilot for corporate actions data

Interbank co-operative Swift is working with Symbiont and seven securities players to trial a blockchain-based corporate actions system.

14 September 2022

Company update/crypto

Cake DeFi opens R&D hub in Singapore

Cake DeFi, the leading and fastest-growing Singapore-based fintech firm, has announced the launch of its global R&D hub, Birthday Research.

14 September 2022

News/devops

BofA granted hundreds of patents

Bank of America scored a record 341 US patents in the first half of 2022, a 50% year-on-year increase, with information security and AI seeing the most action.

09 September 2022

Company update/people

Elliptic appoints OakNorth's Jackson Hull CTO

Elliptic, the global leader in cryptoasset risk management, today announces that Jackson Hull has joined Elliptic as Chief Technology Officer.

08 September 2022

Company update/crypto

Crypto exchange XBO.com taps Chainalysis for compliance

XBO.com, the crypto exchange dedicated to making digital currencies accessible to all, today announced it will partner with blockchain data platform Chainalysis to power its compliance program, support anti-fraud protocols, and monitor risk.

08 September 2022

News/retail

Ant launches digital operations platform for insurers

Ant Group's insurance arm has launched a blockchain-based digital operation platform for insurance companies in China.

07 September 2022

Company update/people

Tiger.Trade names Conor McGregor brand ambassador

Today, Tiger.Trade, the Swiss-regulated retail-trading ecosystem, announced that Conor McGregor, Ultimate Fighting Championship featherweight and lightweight double-champion, has joined the company as an Ambassador as Tiger.Trade takes on new international markets.

07 September 2022

Company update/markets

Broadridge launches multi-jurisdictional version of private equity platform

Leveraging blockchain technology to alleviate the complexities faced by asset managers with funds in multiple geographies, global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR), has released a multi-jurisdictional version of its private equity platform, Private Market Hub, now available to funds domiciled in North America.

07 September 2022

News/devops

KPMG preps Singapore embedded finance hub

KPMG is launching an embedded finance hub in Singapore, providing support to firms looking to make inroads into financial areas such as payments, blockchain and lending.

06 September 2022

Company update/markets

Franklin Templeton launches Metaverse ETF

The metaverse is a virtual shared space created by the convergence of virtually enhanced physical reality and physically persistent virtual space, including the sum of all virtual worlds, augmented reality, and the Internet.

06 September 2022

Company update/markets

Marketnode to begin pilot phase of DLT-based investment funds utility

Further to Singapore Funds Industry Group’s (“SFIG”) announcement on Fundnode dated 31st Aug 2022, Marketnode, presents details of Fundnode, an industry-wide investment funds utility built using distributed ledger technology (DLT).

31 August 2022

News/payments

Blockchain-based remittance network Lightnet raises $50 million

Singapore-headquartered cross-border remittance firm Lightnet has secured a $50 million capital commitment from LDA Capital.

30 August 2022

Company update/crypto

Crypto exchange Bybit to list Okse digital wallet

Bybit, the third most visited cryptocurrency exchange in the world, will list OKSE, the utility token of Okse Card and Okse Wallet, on Bybit Launchpad 2.0.

26 August 2022

News/crypto

Abu Dhabi establishes crypto committee

Abu Dhabi has announced the formation of a government body to develop its strategy for regulating and promoting the world of virtual assets.

26 August 2022

Company update/Blockchain

Partisia Blockchain Foundation names Hinrich Pfeifer COO

Partisia Blockchain Foundation, an independent non-profit foundation with the sole purpose of supporting Partisia Blockchain, the world’s most advanced internet-privacy infrastructure, announces the appointment of Hinrich Pfeifer to the position of Chief Operations Officer.

22 August 2022

News/markets

DTCC's DLT-based settlement platform goes into parallel production

The Depository Trust & Clearing Corporation (DTCC) says its distributed ledger technology-based alternative settlement platform has gone live in a parallel production environment.

22 August 2022

Company update/crypto

DAM Finance raises $1.8m for cross-chain, portfolio-backed stablecoin

dPRIME Asset Modules Finance (”DAM Finance” or “DAM”), a protocol for creating purchasing power from cross-chain token portfolios, is pleased to share that it has closed a $1.8 million pre-seed funding round led by Digital Finance Group (”DFG”) and Jsquare.

22 August 2022

News/wealth

Asset manager launches metaverse fund

Invesco, a global asset manager with $1.6 trillion of assets under management, has launched an investment fund focused on the metaverse.

22 August 2022

Company update/people

Maxwell Partners adds strategic advisors

Maxwell Partners, the London-based algorithmic trading, blockchain and digital asset investment firm, has announced today that it has appointed Mikkel Morch and Angus John MacCormick as strategic advisors to strengthen and expand its algo trading business for investors in the cryptocurrency markets.

17 August 2022