Latest Markets News: Finextra Research

BIS and three central banks to test cross-border CBDCs using DeFi protocols

The Bank for Inernational Settlements is working with three central banks to explore cross-border CBDC trading and settlement using DeFi protocols.

03 November 2022

/markets

Singapore Fintech Festival 2022: Inside Project Guardian

In a session titled 'Unlocking TradFi with DeFi' at Singapore Fintech Festival 2022, DBS, JP Morgan and SBI Digital Asset Holdings explored how they were able to launch the first industry pilot under MAS’ Project Guardian, exploring potential DeFi applications in wholesale funding markets after completing its first live trades.

02 November 2022

/markets

Global banks test DeFi protocols for FX and Government bond transactions

DBS Bank, JPMorgan and SBI Digital Asset Holdings have completed the first pilot transactions on Project Guardian, a Monetary Authority of Singapore-inspired initiative that explores potential decentralised finance (DeFi) applications in wholesale funding markets.

02 November 2022

/markets

DBS goes live on SGX unit's crypto platform; launches programmable money pilot

DBS has become the first bank to go live on a new digital asset trading platform from Singapore Exchange unit MaxxTrader.

31 October 2022

/markets

HKEX launches carbon marketplace

Hong Kong Exchanges and Clearing (HKEX) has launched an international carbon marketplace to connect capital with climate-related products and opportunities.

31 October 2022

/markets

Portugal's fintech sector passes €1bn milestone

Funding for Portuguese fintechs has exceeded the €1bn mark for the first time.

28 October 2022

/markets

Nasdaq, FactSet and IQ Capital lead $26 million round in BMLL

BMLL, a provider of historical Level 3 data and analytics across global equity and futures markets, has secured a $26 million Series B investment round led by Nasdaq Ventures, FactSet and IQ Capital.

25 October 2022

/markets

Indian PM Modi hails fintech revolution in digital banking push

India's prime minister Narendra Modi has announced the launch of 75 digital banking units (DBUs) in a move that he says will improve the banking experience for users and boost financial inclusion.

17 October 2022

$Sibos 2022: Are fractionalised digital assets red herrings?$

/markets

Sibos 2022: Are fractionalised digital assets red herrings?

Discussions around the recent digital asset boom and its acceleration despite the market for tokenised securities remaining nascent kicked off at Sibos 2022 in Amsterdam. Sitting on a panel, Yuval Rooz, CEO and co-founder of Digital Asset, highlighted that he believes that “fractionalisation is a red herring.”

12 October 2022

/markets

Regulatory and legacy system constraints hampering machine learning deployment

UK financial firms blame a lack of regulatory clarity and legacy systems for constraining deeper deployment of machine learning technology, according to a survey conducted by the Bank of England.

12 October 2022

/markets

ASX selects Google Cloud as preferred cloud partner

Australian Securities Exchange has selected Google Cloud as its preferred cloud partner with the aim of spurring product innovation in analytics and data.

12 October 2022

/markets

BNY Mellon goes live with crypto custody platform

BNY Mellon, the world's largest custodian and America's oldest bank, has rolled out a digital custody platform for safeguarding client holdings in ether and bitcoin alongside traditional financial assets.

11 October 2022

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