BNP Paribas has confirmed its commitment to the distributed ledger movement in finance after completing its first 'Blockchain Bizhackathon' in the transaction banking arena.
BNP Paribas Leasing Solutions has deployed a new mobile solution from Cassiopae that enables introductory sources to easily produce bespoke finance quotes for their customers.
Digital Asset Holdings, the blockchain startup helmed by former JP Morgan luminary Blythe Masters, has raised more than $50 million in a funding round joined by some of the biggest names in financial services, including Citi, Deutsche Börse and Santander InnoVentures. One of the investors, the ASX, has also handed Digital Asset a contract to design a post-trade settlement system using distributed ledger technology.
Swift announces today that BNP Paribas has joined the Know Your Customer (KYC) Registry, a centralised repository that maintains a standardised set of information about correspondent banks required for KYC compliance.
SimCorp, a leading provider of investment management solutions and services for the global financial services industry, announces that BNP Paribas Securities Services has implemented SimCorp Dimension to manage accounting operations on behalf of its clients.
Ingenico has signed up BNP Paribas to run consumer tests of a new generation of advertising display screens incorporating contactless payment capabilities.
Speculation is mounting that Visa could confirm on Monday that it has agreed a $22 billion deal to buy back former subsidiary Visa Europe.
BNP Paribas has become the latest French bank to pilot Oberthur's OT Motion Code technology, replacing the three-figure CVV code on the rear of a card with a small screen display that automatically changes periodically.
CFH Clearing has selected BNP Paribas as its new FX prime broker. BNP Paribas was selected following a rigorous process. Its strong credit rating, speed of onboarding and robust systems were particularly impressive, according to CFH Clearing.
The Securities and Futures Commission (SFC) has fined BNP Paribas Securities (Asia) Limited (BNPP Securities Asia) $15 million for failures in relation to its dark liquidity pool trading services (Note 1).
© Finextra Research 2016