As the third largest ecommerce market in the world – and a leading voice at G20, the World Trade Organization and the United Nations – the United Kingdom needs to lead the way on digital trade innovation, worth US$25 trillion to the global economy.
Credit Suisse and ING have executed a live collateral swap with full legal exchange of contracts and settlement taking place over R3's Corda blockchain platform.
UK digital bank first direct has begun trialling an app that lets people see account information from all of their providers, as well as get money management tips and product suggestions - including from third parties.
nCino, the worldwide leader in cloud banking, today announced that is has appointed Spencer Lake to its Board of Directors.
United Kingdom-based global financial services company HSBC Holdings plc (HSBC) entered into a deferred prosecution agreement (DPA) and agreed to pay a $63.1 million criminal penalty and $38.4 million in disgorgement and restitution to resolve charges that it engaged in a scheme to defraud two bank clients through a multi-million dollar scheme commonly referred to as “front-running.”
With just a month to go until the arrival of Open Banking in the UK, Barclays has moved to take advantage with the publication of a primer for consumers on what the new rules mean.
Financial services giants American Express, HSBC and JPMorgan Chase have all joined a $40 million Series C funding round for "malware isolation" outfit Menlo Security.
Commerzbank is looking to make savings by transferring its securities settlement operations to a new joint venture with HSBC Transactions Services.
HSBC Bank, one of the world’s largest banking and financial services organizations, today announced its partnership with the Massachusetts Institute of Technology (MIT), and participation in its Industrial Liaison Program (ILP).
Alongside the usual mix of AI and DLT-based startups, the third edition of the Financial Conduct Authority's regulatory sandbox includes propositions from three of the biggest banks on the high street - Barclays, HSBC's First Direct and Nationwide.
© Finextra Research 2018