The Australian Stock Exchange says it plans to hire more staff as it lays the groundwork for the introduction of of a new post-trade platform based on distributed ledger technology.
Nasdaq is to use blockchain technology to streamline proxy voting on companies listed on the US Exchange-held Tallinn Stock Exchange.
The Financial Solutions Lab (FinLab), an innovation programme created by the Center for Financial Services Innovation (CFSI) and founding partner JPMorgan Chase, has opened applications for a £3 million, two-year challenge to address financial shocks.
A strong line-up of challenger banks, established banks and government and regulatory officials will take to the podium at Finextra's forthcoming NextGen banking event at London’s Level39 in Canary Wharf to debate the disruptive forces reshaping the banking sector.
BBVA is shaking up the way it invests in fintech startups, closing its $100 million in-house fund and pumping $250 million into a new independently managed outfit called Propel Venture Partners.
Royal Bank of Scotland is preparing to welcome 100 entrepreneurs and ten startup support organisations to the executive wing of its Scottish HQ following a year-long refit of the former symbol of big bank excess.
South Africa's Absa Bank is piloting a new predictive spending alert that warns customers if they are about to go into the red and offers customised options to help them better manage their finances.
Rich Ricci, formerly CEO of Barclays Corporate and Investment Banking, is the latest in a growing list of financial services grandees to lend their business heft to a disruptive technology startup, joining currency exchange freemarketFX as chairman.
Deutsche Bank has become the latest financial services giant to call on its industry to hug the hoard of upstart fintech rivals close, concluding that co-operation, not competition, is the wisest approach in the business-to-business payments arena.
The Linux Foundation-led Hyperledger Project has signed up 30 founding members from the technology and financial services sectors, with several donating code to the effort to build a cross-industry open standard for distributed ledgers.
Switzerland's potential as a European fintech hub is being damaged by lack of Government and bank support and a shortage of investment capital, according to a new report by Ernst & Young and Swiss Finance + Technology Association.
© Finextra Research 2016