Latest Blockchain News: Finextra Research

Blockchain-based ID system for credit union members made commercially available

Following successful pilots, blockchain outfit CULedger is making its digital identity service MemberPass (formerly called MyCUID) commercially available.

24 February 2020

News/crypto

Libra adds Shopify as member

After shedding several high-profile members, the Facebook-led digital currency project Libra has signed up online commerce giant Shopify.

21 February 2020

Company update/crypto

First Digital Trust to roll out instant settlement netowrk in Asia

First Digital Trust (FDT), the digital asset spin-off from Legacy Trust, is in the testing phase of Asia’s first instant Rapid Settlement and Clearing Network (RSCN) that will transform the way digital assets are owned, traded and invested in.

21 February 2020

News/Blockchain

Riksbank to run simulated tests of e-krona

Sweden's central bank is to begin pilot tests of a digital krona that can work as a complement to cash.

20 February 2020

News/Blockchain

Credit Suisse and Instinet first to settle US equities on Paxos blockchain

Credit Suisse and Instinet have begun settling US securities on a bockchain-based post-trade platform supplied by Paxos.

20 February 2020

Company update/Blockchain

GFT billed as 'Major Contender' in enterprise blockchain by Everest Group

GFT, an IT company specialising in digital transformation, is recognised by the analyst firm Everest Group as one of the main competitors in three categories of its PEAK Matrix™ reports: enterprise blockchain services, plus application and digital services for both banking and capital markets.

20 February 2020

News/crypto

European Union unsure how to regulate Facebook's Libra

The EU cannot work out exactly what Libra is according to a memo by European Commission executive vice-president, Valdis Dombrovskis.

20 February 2020

News/Blockchain

National Stock Exchange of Australia to take on ASX with blockchain-based settlement system

The National Stock Exchange of Australia is to go head-to-head with the country's leading securities exchange ASX in a joint venture project to introduce a blockchain-based clearing and settlement system.

20 February 2020

Finextra TV/sustainable

Tipping point to a low carbon world via Sustainable Finance

Nicole Anderson, Founder, Managing Partner of The Redsand Group speaks with Richard Peers about the new fund she is launching, expanding on the green and impact FinTech use cases and ventures she has built over the last 8 years. Nicole expands upon how we are on the tipping point of the most significant innovation imperative facing financial services in its own transition to be the enabler of a low carbon world via Sustainable Finance.

20 February 2020

Company update/Blockchain

Sucden Financial goes live on Cobalt

The post-trade infrastructure provider Cobalt, has today announced that Sucden Financial, is the latest institution to join Cobalt’s post-trade technology network for its substantial FX business.

19 February 2020

News/Blockchain

Citi invests in blockchain-based trade finance network Contour

Citi has become the latest banking giant to take a stake in Contour, the blockchain-based trade finance platform which made its commercial launch last month.

18 February 2020

Company update/crypto

Mode picks BitGo custody tech for bitcoin banking app

Mode, the London-based fintech behind one of the UK’s most serious Bitcoin banking apps, has officially announced that it is working with BitGo, a leader in digital asset financial services.

18 February 2020

News/Blockchain

DTCC calls for industry-wide push to handle DLT security risks

The US Depository Trust and Clearing Corporation is floating the idea of forming an industry consortium to develop a coordinated strategy for addressing security risks in the implementation of distributed ledger technology in financial services.

13 February 2020

Company update/Blockchain

Additional participants join CLS’s DLT bilateral payment netting service

CLS, a market infrastructure delivering settlement, processing and data solutions, today announces that Actinver, BNP Paribas, Citibank and J.P. Morgan are live on CLSNet, a standardized, automated bilateral payment netting calculation service for over 120 currencies operating on a distributed ledger technology (DLT) platform.

12 February 2020

News/crypto

BitPay partners Poynt to bring bitcoin payments to the streets

BitPay is trying to finally bring bitcoin to the streets, inking a deal with point-of-sales terminal maker Poynt to enable cryptocurrency payments at more than 100,000 retailers around the world.

12 February 2020

News/crypto

Canadian dollar-pegged stablecoin launches

A Toronto-based startup led by a former top TMX executive has launched a mass market Canadian dollar-backed stablecoin.

11 February 2020

News/Blockchain

Nacha applies blockchain tech to payment information exchange

US clearing house Nacha is to use blockchain technology to build Phixius, an online platform to ease the exchange of payment-related information between companies.

07 February 2020

News/Blockchain

Blockchain-based commercial payments firm Paystand raises $20m

Blockchain-enabled commercial payments outfit Paystand has raised $20 million in a Series B funding round.

06 February 2020

News/Blockchain

Axoni distributed ledger network for equity swaps processing goes live

Enterprise blockchain vendor Axoni and a group of 15 sell-side and buy-side firms have launched a distributed ledger network to manage equity swap transactions.

06 February 2020

News/payments

Square joins $14m funding round for cryptographic settlement startup Transparent

Transparent Financial Systems, a Seattle-based startup building cryptographic settlement technology has come out of stealth mode after raising more than $14 million in a Series A round led by Patnera Capital and joined by Square.

05 February 2020