Blockchain

4345 articles tagged with this keyword

/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.

/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.

/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.

/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.

/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.

/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.

/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.

/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.

/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.

/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.

/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.

/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)

/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.

/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.

/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.

/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.

/Blockchain

DBS uses blockchain platform to resolve cash-flow problems for SMEs

DBS Bank is to offer multi-tier financing on a logistics blockchain platform named Rong-E Lian, to help small and medium-sized enterprises (SMEs) in China get faster access to trade financing.

/payments

Interstellar names Zelle founder Mike Kennedy CEO

Interstellar, an enterprise company focused on growing the Stellar network, has appointed Mike Kennedy as Chief Executive Officer effective September 15th.

/Blockchain

Santander issues end-to-end blockchain bond

Banco Santander has issued a $20 million bond that will run its course entirely on an Ethereum blockchain, an innovation that the bank bills as a first step towards a potential secondary market for mainstream security tokens in the future.

/payments

Mizuho joins Fnality backers

Fnality International (Fnality), the company building the means of payments on-chain for tomorrow’s financial markets utilising the Utility Settlement Coin (USC), is pleased to announce that Mizuho Bank, the core group company of Mizuho Financial Group, one of the largest financial services group in Japan, has joined the original group of 14 founding shareholders working to deliver the collective goal to transform clearing and settlement processes, and support global exchange of value transactions; setting the standards for tomorrow’s tokenised infrastructure.