Blockchain

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/Blockchain

PayPal joins Cambridge Blockchain funding round

Cambridge Blockchain, Inc. a digital identity enterprise software provider, announced today that PayPal (NASDAQ: PYPL) has joined its Series A funding round.

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DLT ready to drive widespread disruption in cross-border payments

The cross-border payments industry is "ripe for disruption", with distributed ledger technologies leading the charge, according to a blog post published by the World Bank.

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TigerWit names Gareth Derbyshire as chief compliance officer

TigerWit Limited, the UK-headquartered global financial technology company, has announced the appointment of Gareth Derbyshire as their Chief Compliance Officer.

/Blockchain

Fusang launches custody platform for digital assets

Asian institutional investors now have an opportunity to participate in the digital asset industry with the launch of the Fusang Vault, which offers custody and digital asset services.

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Onchain Custodian launches digital asset custody platform

Onchain Custodian (ONC), the digital asset custodian backed by Sequoia, Fosun and DHVC, launches its SAFE™ Platform and value-added services.

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India's Federal Bank to use Ripple for cross-border remittances

This is to inform Federal Bank has entered into a partnership with Ripple Inc, a blockchain supported global remittance company, for cross border remittance through its network.

/Blockchain

Krung Thai Bank applies blockchain tech to money transfers between Thailand and Myanmar

On 28th March 2019, Rawin Boonyanusasna, Senior Executive Vice President — Head of Global Markets Group of Krungthai Bank, Alex Lane, CEO of EVX Holdings, and U Thein Zaw, Executive Vice Chairman of Shwe Rural & Urban Development Bank signed a Letter of Intent to introduce the 1st cross-border blockchain-powered money transfer services between Thailand and Myanmar.

/Blockchain

Who your competitors are in today's tech-focused economy depends on your strategy

Sreeram Iyer, COO, Institutional Banking, ANZ, speaks at Money20/20 in Singapore about Incumbent Banks, the relevancy of financial players in a tech-focused economy, who the biggest competitors are to traditional banks and whether there is an appetite for traditional players in a tech-focused economy/society.

/Blockchain

Wall Street Blockchain Alliance adds Donna Redel to advisory board

The Wall Street Blockchain Alliance (WSBA), an industry leading non-profit trade association with a mission to guide and promote comprehensive adoption of blockchain technology and cryptoassets across global markets, is pleased to announce that Donna Redel has been appointed to the WSBA Advisory Board.

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Marco Polo blockchain network used for commercial transactions

The Marco Polo blockchain trade finance network has successfully navigated unchartered territory, facilitating two commercial transactions involving Commerzbank and LBBW.

/Blockchain

Swift Business Forum Nordics 2019 - live blog

Welcome to Finextra's coverage of the Swift Business Forum Nordics 2019, live from Copenhagen. This event has a focus on accelerating digital transformation, and will look at how the financial community in the region is harnessing technological change to deliver a digital customer experience.

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Thai stock exchange begins first round of consultations on digital asset trading

The Stock Exchange of Thailand (SET) is developing a “Collaborative Digital Asset Platform” for the Thai capital market.

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Boerse Stuttgart and Axel Springer to create joint venture for digital asset trading

Boerse Stuttgart Group and Axel Springer SE with its finanzen.net portal will be working together in future.

/Blockchain

The Wall Street Blockchain Alliance adds members

The Wall Street Blockchain Alliance (WSBA), an industry leading non-profit trade association with a mission to guide and promote comprehensive adoption of blockchain technology across global markets, is proud to announce the addition of Boomer Consulting Inc., BPM LLP, Orrick Herrington & Sutcliffe LLP and TokenSoft Inc. to the family of WSBA corporate members.

/Blockchain

EToro signals tokenized future with Firmo acquisition

Online trading and investment firm eToro is looking to a tokenized future after buying Firmo, a Danish outfit that enables smart contracts for derivatives to be securely enabled on any major blockchain. Financial terms were not disclosed.

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InvestorID launches in Europe to help investors access tokenized securities

InvestorID is a market-driven decentralized application allowing investors to generate their on-chain identity to access and trade compliant tokenized securities.

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Russia pushes its Swift alternative

Russian authorities are promoting the international use of an alternative financial messaging system to the global Swift network in order to mitigate the risk of sanctions.

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UniCredit completes transaction on we.trade blockchain platform

UniCredit has completed its first Italian transaction via the blockchain-based trading platform we.trade.

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Quoine signs for KRM22 market surveillance tech

KRM22 Plc, the technology and software investment company, with a particular focus on risk management in capital markets, today announces that its market surveillance product, Irisium, has been selected by Quoine, a global fintech company.

/Blockchain

Tokeny partners Archax for security token trading

Tokeny, the compliant tokenization platform delivering institutional grade solutions in the issuance, lifecycle management and secondary trading of digital securities, today announced their partnership with Archax, the forthcoming institutional tokenized securities exchange based in London.