Sunny optimism faced off with hard-nosed pragmatism during an early Sibos session on blockchain in the cash and securities settlement space, as ConsenSys rep Monica Singer tried desperately to win over cynical bankers.
Cybersecurity researchers at BAE System believe that a hacking crew operating out of North Korea were behind a recent malware and money-moving attack on Far Eastern International Bank in Taiwan.
BNP Paribas is swallowing its own blockchain medicine, applying the technology to the global internal treasury operations of the bank.
Societe Generale is bidding to tap into London's booming fintech sector with the appointment of Anthony Woolley as head of innovation for the UK.
Eight of Europe's largest banks have agreed to set up a joint venture company incorporated in Ireland to manage the roll out of Digital Trade Chain, a shared platform that aims at making domestic and cross-border commerce easier for European companies by harnessing the power of distributed ledger technology.
The European Central Bank is inviting independent techies and vendors to develop a mobile app for its forthcoming instant payment settlement system that will let people and businesses send money anywhere in the euro area within seconds.
Features and analysis
In recognition of two of the central threats facing his organisation - hackers and upstart rivals - Swift CEO Gottfried Leibbrandt used his opening remarks at this year's Sibos in Toronto to talk up his gpi and cybersecurity programmes.
JPMorgan is to pilot the application of cross-border interbank payments over its enterprise-ready distributed ledger and smart contract platform Quorum.
Digital Asset Holdings, the blockchain startup founded by former JPMorgan exec Blythe Masters, has raised over $40 million of Series B financing from existing and new investors, led by Jefferson River Capital.
BNP Paribas has joined forces with Tata Consultancy Services in a bid to transform the tortuous corporate events lifecyle through the use of blockchain technology.