Latest Blockchain News: Finextra Research

Blockchain benefits limited for retail banks - report

A report from management consultant McKinsey suggests that retail banks have been slower to adopt blockchain technology because they face more challenges in reaping the potential benefits.

07 June 2019

Company update/regulation

FSB publishes report on decentralised financial technologies

The Financial Stability Board (FSB) today published a report on Decentralised financial technologies.

06 June 2019

Company update/Blockchain

Chainalysis partners Lendingblock for compliance push

Chainalysis, the blockchain analysis company, is working with Lendingblock, the institutional lending exchange for digital assets, to implement anti-money laundering technology and best practices in anticipation of global regulatory guidance from the Financial Action Task Force (FATF).

06 June 2019

Company update/Blockchain

SIA and Quant Network form blockchain interoperability alliance

SIA, the leading European hi-tech company in the payment services and infrastructures sector, and Quant Network, a UK-based pioneering technology company, have signed a partnership agreement to explore blockchain interoperability and the creation of agnostic cross-platform applications and services for banks and financial institutions.

05 June 2019

News/ai

Money 20/20 Europe 2019: The interplay of AI, cloud, blockchain and quantum computing

On the final day of Money 20/20 Europe 2019 in Amsterdam, Jesse McWaters, financial innovation lead at the World Economic Forum starts the day discussing the interplay of AI, cloud, blockchain and quantum computing, and what happens when it all collides.

05 June 2019

News/Blockchain

UK fintech growth programme invites applications

The UK government-backed Tech Nation is inviting applications for the second cohort of its fintech growth programme, which promises to give members intensive backing to help grow their businesses and the country's financial technology ecosystem.

05 June 2019

News/Blockchain

Big banks create Utility Settlement Coin company

Some of the world's biggest financial services firms - including Barclays, Nasdaq and UBS - have pumped £50 million into a new venture building a Utility Settlement Coin (USC), an asset-backed digital cash instrument implemented on distributed ledger technology.

03 June 2019

Company update/Blockchain

AlphaPoint reshuffles executive board

AlphaPoint, a leading global provider of asset tokenization software and digital trading technology founded in 2013, announced the appointment of President Igor Telyatnikov to the position of Chief Executive Officer.

03 June 2019

News/Blockchain

Money 20/20 Europe 2019 Q&A: World Economic Forum’s Ashley Lannquist

Ashley Lannquist, project lead, blockchain & distributed ledger technology at World Economic Forum, will be taking to the stage at Money 20/20 Europe in Amsterdam to discuss the industry consortia for blockchain innovation on Tuesday this week. Ahead of the session, Finextra spoke to Lannquist about any use cases that have been beneficial for the financial services, the WEF’s work with the technology and how to take an inclusive approach.

03 June 2019

Finextra TV/Blockchain

APIs and open platforms excite banking leaders at FusionONE 2019

Finextra’s Hannah Wallace reports on day one of the FusionONE open banking developer conference. We hear how Finastra’s vision for the future of banking re-engineered upon APIs and open platforms has excited banks and partners. RBS, nkbc, ING, Credit Suisse, ClearBank, Amsterdam Trade Bank are among some of the many leading financial institutions to share their first impressions exclusively with Finextra Research.

31 May 2019

Company update/regulation

FSB reports on work underway to address cryptoasset risks

The Financial Stability Board (FSB) today published a report on crypto-assets, which considers work underway, regulatory approaches and potential gaps.

31 May 2019

News/Blockchain

Blockchain gets a bashing from Deutsche Bundesbank president

Digital currencies, and their foundational blockchain backbone, have come in for a kicking from the president of Germany's central bank, who has characterized the former as a serious threat to the stability of the financial system, and the latter as no better than current technological solutions

31 May 2019

Company update/Blockchain

OSC gives ZED Network go-ahead for token distribution

ZED Network, a global platform built on blockchain technology for money transfer operators (MTOs), today announced it has been granted discretionary exemptive relief under the Canadian Regulatory Sandbox from certain prospectus and dealer registration requirements under Canadian securities laws for the distribution of the ZED digital token for international remittance and foreign exchange.

30 May 2019

Company update/Blockchain

S&P among early users of Salesforce blockchain

Salesforce [NYSE: CRM], the global leader in CRM, today announced Salesforce Blockchain, a low-code platform that enables organizations to share verified, distributed data sets across a trusted network of partners and third parties.

30 May 2019

News/Blockchain

Irish banks pilot blockchain for professional credentials

AIB, Bank of Ireland and Ulster Bank are piloting a blockchain platform to track and manage employee education and regulatory qualifications.

30 May 2019

News/Blockchain

Will you be able to make trades directly from your mind in 2069?

What will trading technology look like in 50 years? Trades powered directly by thoughts, hardware that inhibits the influence of negative emotions, and mobile-phone based 3D trading rooms could all be in our future, predicts a report.

30 May 2019

Company update/Blockchain

SEC creates framework for analysis of digital assets

Blockchain and distributed ledger technology can catalyze a wide range of innovation. We have seen these technologies used to create financial instruments, sometimes in the form of tokens or coins that can provide investment opportunities like those offered through more traditional forms of securities.

29 May 2019

News/Blockchain

Innovation driving digital acceleration in Latin America

Swift's Latin American Regional Conference (LARC) explored how banks in the region are looking to increase digitisation, while managing cyber and compliance challenges.

29 May 2019

Company update/Blockchain

Total Processing to adopt PumaPay crypto platform

PumaPay, the blockchain-based payment system, has announced that global payment service provider, Total Processing, will be adopting its cryptopayment solution.

29 May 2019

Company update/Blockchain

Mphasis and Bitfury form payments partnership

Mphasis, an Information Technology solutions provider specializing in cloud and cognitive services, and the Bitfury Group, the world's leading full-service blockchain technology company, today announced a strategic partnership to bring new levels of automation, transparency and efficiency to the financial services infrastructure that underpins global trade.

29 May 2019