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

T Rowe tests Avalanche blockchain Subnet

T Rowe Price Associates and WisdomTree are among the FS firms testing the Avalanche blockchain for executing FX and interest rate swaps.

13 April 2023

Company update/wholesale

Reltime scales Web3 financial services ecosystem globally with Microsoft

Reltime, a global leader in Web3, Layer 1 Proof of Authority Blockchain and Metaverse financial services platform has been selected by Microsoft’s Global Startups Program.

04 April 2023

News/crypto

Citi Digital Money Symposium: Global standardisation of cryptoassets is critical

Citi’s Digital Money Symposium brought together experts and businesses in the industry to explore trends and future developments in the digital money market.

31 March 2023

Company update/startups

LI.FI raises $17.5m to help traditional finance build on DeFi

LI.FI, the leading multi-chain liquidity and data gateway, announced today that it has raised more than $17 million in a Series A fundraise co-led by CoinFund and Superscrypt.

30 March 2023

News/regulation

BIS Innovation Hub opens in Paris and Frankfurt

The Bank for International Settlements has opened its European Hub, located in both Paris and Frankfurt, with a focus on decentralised finance, wholesale CBDC, cyber security and green finance.

29 March 2023

Company update/regulation

Aston University researchers pinpoint regulatory blind spots in DeFI

The work from the Cyber Security Innovation (CSI) Centre looks into regulatory blind spots of decentralised finance (DeFi)

09 March 2023

News/crypto

FSB steps up investigation into DeFi risks

The Financial Stability Board is stepping up its investigation into the opaque world of decentralised Finance (DeFi), fearful of the potential for spill over risks to traditional finance.

16 February 2023

News/crypto

Nomura invests in 'Hybrid Finance' startup Infinity

Nomura's digital assets subsidiary, Laser Digital, has invested in Infinity, a decentralized finance (DeFi) protocol for institutional lending and borrowing.

15 February 2023

News/crypto

Australian Government publishes token mapping consultation paper

The Treasury of Australia is seeking responses to its latest consultation paper, exploring crypto assets in the Australian financial services regulatory context.

03 February 2023

Company update/crypto

Zodia Custody inks joint venture with SBI Digital Asset Holdings

Zodia Custody Limited (“Zodia Custody”), a leading crypto asset servicing provider for institutional investors and a subsidiary of Standard Chartered, and SBI Digital Asset Holdings Co., Ltd. (“SBI DAH”) announce that they have entered into definitive agreements to launch a joint venture in Japan.

02 February 2023

Company update/crypto

Membrane Finance rolls out EU-regulated crypto stablecoin

Finnish fintech company Membrane Finance has today launched EUROe – Europe’s first and only EU-regulated full-reserve stablecoin and payment network.

02 February 2023

Company update/payments

Unlimint and Credits to release Mastercard debit cards in EU and LATAM

London-based global fintech Unlimint has, today, announced a partnership with digital neobank Credits to issue Mastercard debit cards for users in Europe and LatAm, providing an enhanced banking experience. Unlimint is an award-winning global all-in-one fintech offering advanced payment capabilities through an evolving financial interface to startups and businesses across the globe with 16 offices across five continents.

02 February 2023

News/identity

LexisNexis Risk Solutions and Finextra Research partner for Trust:Live 2023

LexisNexis® Risk Solutions and Finextra Research will be hosting Trust:Live 2023, an exclusive in-person event for all fraud and identity decision makers that brings together industry leaders, experts and innovators to discuss the latest challenges in establishing trust to protect customers, defend brands, or meet the needs of evolving business models

31 January 2023

News/crypto

Mode tells customers to remove funds, announces closure

UK-based crypto startup, Mode, has asked customers to remove their funds from the app as it begins winding down its services.

27 January 2023

News/crypto

ConsenSys cuts workforce by 11%

Blockchain software engineering firm ConsenSys is laying off 96 staffers - 11% of its workforce - citing the crypto bear market and wider economic environment.

19 January 2023

Company update/crypto

Bison Bank's subsidiary partners with Sygnum Bank to enter crypto market

Bison Digital Assets, Bison Bank’s crypto subsidiary, announces a strategic partnership with Sygnum that empowers its end-clients to buy, sell and hold cryptocurrencies like Bitcoin (BTC) and Ether (ETH) in a fast, cost-effective manner. This future-proofs Bison Digital Assets’ offering, enabling the capture of more Share-of-Wallet from existing customers along with additional market share via access to the global crypto market.

17 January 2023

Company update/crypto

Huobi launches crypto debit card in partnership with Solaris

Huobi Global, one of the world’s leading virtual asset exchanges, has announced a partnership with Solaris, to deliver a crypto-to-fiat debit card that will enable Huobi users to spend digital assets at the point-of-sale globally.

13 January 2023

News/crypto

SEC charges Gemini and Genesis with selling unregistered securities

The Securities and Exchange Commission (SEC) has charged digital asset trading firms, Genesis and Gemini, with offering and selling unregistered securities.

13 January 2023

News/crypto

PayPal partners with ConsenSys MetaMask to allow US users to buy Ethereum

Web 3.0 company ConsenSys revealed this week that US MetaMask users will be able to purchase Ethereum from within the app using PayPal.

16 December 2022

News/crypto

Exclusive: Shares begins beta testing for crypto trading across Europe

In conversation with Finextra, Shares CEO and co-founder, Benjamin Chemla, told the publication that the retail social trading platform is extending its services to include crypto trading, with beta testing commencing last week across 11 European countries.

28 November 2022