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1631 Results from 2016

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Finextra's 2016 in review

As Finextra pulls the shutters down on 2016, we take a look back at our most popular news stories, videos, and community engagement activities over the course of the past year. The site will re-open for business on 3 January 2017.

/wholesale

Royal Canadian Mint joins Goldmoney blockchain platform

The Royal Canadian Mint is to allow transfers of gold bullion value stored in its vaults over a blockchain network run by Goldmoney Inc.

/wealth

Robo-advisor Munnypot soft launches in UK

Munnypot, a mobile-first robo-advisor service created by the former founders of financial advisory firm Cavanagh Group, has soft-launched in the UK with a range of corporate partners.

/payments

BNP Paribas applies blockchain technology to corporate payments

BNP Paribas has completed its first live cross-border B2B payments between corporate clients using blockchain technology.

/retail

Hungary presses the button on instant payments

The National Bank of Hungary is drawing up plans to introduce an instant money transfer framework for domestic payments by 2019.

/retail

Hole-in-the-wall gang get 43-year jail stretch

Four men who caused a series of explosions and fires at cash machines have been jailed for a combined total of more than 43 years.

/retail

MetLife opens virtual reality channel

MetLife in India has launched a new customer service platform available only through a virtual reality headset.

/retail

UK watchdog calls on Diebold Nixdorf to address competition concerns

Anti-trust watchdog the CMA has suggested a number of remedies to counteract a reduction in competition for the supply of cashpoints in the UK in the wake of the $1.8 billion merger between Diebold and Wincor Nixdorf.

/wholesale

Big banks prepare $20 million funding round for Axoni - Reuters

Goldman Sachs, JPMorgan and Icap are among a clutch of major financial institutions preparing to invest up to $20 million in blockchain startup Axoni, according to a report by Reuters.

/retail

CommBank IT man jailed over bribery charges

A former CommBank IT executive who pleaded guilty to taking bribes in a cash for contracts scandal has received a three-and-a-half year jail sentence from Australian courts.

/retail

Lloyds agrees £1.9 billion MBNA takeover

Lloyds Banking Group is to pay £1.9 billion for the acquisition of credit card outfit MBNA from Bank of America.

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Euronext enters exclusive talks over acquisition of LCH.Clearnet SA

Euronext has entered exclusive talks over the acquisition of the French operations of LCH.Clearnet pending the successful closing of the merger between the London Stock Exchange and Deutsche Bourse.