As it assumes the G20 presidency, Germany has set its sights on the fintech community, calling for the development of a set of common criteria for the industry's regulatory treatment in an effort to avoid a race to the bottom, says Bundesbank president Jens Weidmann.
Deutsche Börse has filed a patent for a new way of shifting collateral among banks using tokenised digital coins.
Financial services firms rushing to adopt blockchain need to make sure that they address the security challenges associated with the technology, the European Union Agency for Network and Information Security (Enisa) has warned.
Western Union has agreed to pay $586 million to settle US criminal and civil charges that it wilfully failed to maintain an effective anti-money laundering programme and aided and abetted wire fraud.
Finra (the Financial Industry Regulatory Authority) has become the latest organisation to give its two cents on distributed ledger technology, publishing a paper on blockchain's implications for the securities industry.
Thesys Technologies has won the bidding to build a vast Consolidated Audit Trail (CAT) tracking transactions as they pass through US equity and options markets.
A coalition of four central securities depositories is collaborating with Deutsche Börse on an initiative to use blockchain technology to ease cross-border mobilisation of security collateral.
Mastercard has agreed to reduce the costs to the Link ATM network for switching infrastructure providers in order to head off competition concerns raised over its £700 million takeover of VocaLink.
A turf war is brewing between US state and federal regulators over oversight of the financial technology sector after New York's top watchdog sent a stinging letter to the Office of the Comptroller of the Currency (OCC), telling it to back off plans for a national bank charter for fintech firms.
Blockchain technology could reduce infrastructure costs for eight of the world’s 10 largest investment banks by an average of 30%, saving them billions of dollars every year, new research from Accenture and McLagan suggests.
© Finextra Research 2017