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

Agora and Onfido partner for blockchain e-voting service

Today, Onfido announced a strategic partnership with Agora, a leading blockchain-based e-voting provider, to make secure and robust online voting a reality.

26 September 2019

Company update/Blockchain

SETL opens blockchain test lab

SETL, the institutional payment and settlement infrastructure based on blockchain technology, has today announced an open invitation to innovators, product managers and technology architects to engage.

26 September 2019

Company update/Blockchain

Lloyds Bank partners with blockchain trade finance platform

Lloyds Bank Commercial Banking is to become the first UK bank to partner with komgo to enable quicker international commodity trade finance using distributed ledger technology (DLT).

25 September 2019

Company update/Blockchain

Daimler and Dürr execute transaction via Marco Polo Network

The international trade finance network Marco Polo has demonstrated its capability for practical use with another pilot transaction between two top industrial corporates.

25 September 2019

Company update/payments

Anglo-Gulf Trade Bank chooses TAS Group to manage corporate payments

TAS S.p.A. ("TAS") has announced that its agreement with Anglo-Gulf Trade Bank (“AGTB”), a digital corporate trade bank for international clients based in Abu Dhabi, is now operational. The contract is being managed through its subsidiary TAS Helvetia S.A.

25 September 2019

News/Blockchain

Deutsche Bank deploys DLT for custodial services

Following a successful pilot, Deutsche Bank Securities Services is set to start using distributed ledger technology (DLT) in custodial services.

25 September 2019

Finextra TV/Blockchain

Implementing cost optimisation and digital transformation in the FSI

Amit Bhute, SVP & Global Head, Banking & Financial Services Practice at Virtusa, speaks about the technologies being leveraged in the short, medium and long term to ensure cost optimisation and sustainable growth, how banks are implementing this technology and the benefits being reaped as a result.

24 September 2019

News/Blockchain

Securitize secures big bank backing in $14 million funding round

Santander InnoVentures, MUFG and Nomura have joined in a $14 million funding round for token issuance technology provider Securitize.

24 September 2019

News/Blockchain

SIX Digital Exchange launches DLT-based trading and settlement prototype

Swiss stock exchange SIX has launched a prototype of its distributed ledger technology-based digital exchange and central securities depository. Meanwhile, trading has started on Boerse Stuttgart Digital Exchange.

23 September 2019

News/Blockchain

FX post-trade network Cobalt goes live

Blockchain-based post-trade processing network Cobalt has gone live with Deutsche Bank, XTX Markets and Saxo Bank.

23 September 2019

Company update/Blockchain

Bank of America joins Marco Polo network

Bank of America announces that it is joining the Marco Polo Network, the largest and fastest growing trade finance networks leveraging Corda distributed ledger technology to provide transformative solutions to global trade participants.

19 September 2019

Company update/Blockchain

Gmex taps IBM blockchain to support digital assets business

GMEX Technologies Ltd., a wholly owned subsidiary of GMEX Group providing multi-asset post-trade business and technology solutions, today announced the latest release of its GMEX Fusion Digital Capital Markets technology suite (GMEX Fusion), built on IBM (NYSE: IBM) Blockchain Platform, this technical advancement empowers institutional investors with a hybrid solution supporting multiple digital assets, including cryptocurrencies, security tokens, and more.

19 September 2019

Company update/startups

Italian fintech Young Platform exceeds crowd funding trager

Young Platform collects over €787,000 from 751 investors: Italian FinTech has never been more serious.

19 September 2019

News/cloud

Deutsche Börse signs cloud deal with Google

Deutsche Börse has inked a deal with Google that will see the German exchange operator migrate "material workloads" to the public cloud.

18 September 2019

News/Blockchain

Utility Settlement Coin project eyes global FX market

Blockchain firms Fnality and Finteum are joining forces to take on the interbank intraday foreign exchange swaps market.

18 September 2019

News/Blockchain

ECB Exec: Libra has been a "wake up call" for central bankers

ECB executive board member Benoit Coeure says that the arrival of Facebook's putative cryptocurrency Libra has been a "wake up call" for central banks, and that public authorities should step up co-operation on the development of central bank backed digital currencies (CBDC)

18 September 2019

News/Blockchain

Wells Fargo to pilot DLT-based internal settlement service

Wells Fargo is preparing to pilot an internal settlement service running on a distributed ledger technology platform.

17 September 2019

News/Blockchain

Banks back pilot bidding to unlock finance for sustainability in supply chains

Several major banks, including Barclays and Standard Chartered, have joined a pilot using blockchain technology to improve the sustainability of global supply chains.

17 September 2019

Company update/Blockchain

ClearScore uses blockchain to reduce fraud in credit applications

Leader in Blockchain and Cloud innovation Ocyan has partnered with leading UK FinTech ClearScore to launch RomanAgora, an identity verification (IDV) consortium and data marketplace powered by blockchain technology which will help reduce fraud in credit applications.

16 September 2019

News/Blockchain

Central banks grill Facebook over cryptocurrency

Facebook has faced a grilling from 26 central banks over the scope and design of its proposed cryptocurrency Libra, amid mounting concern over the threat posed to financial stability and monetary sovereignty.

16 September 2019