Chinese payment processor LianLian is to join RippleNet, providing a gateway to the region to other members of Ripple's far-flung 100-strong instant payments network.
Charles Radclyffe, the head of technology at Deutsche Bank Labs, has quit the bank to lead Bristol UK-based data processing startup NetKernel.
Regulatory authorities in Abu Dhabi are kicking off a programme with a consortium of the region's banks to develop a shared KYC utility, possibly underpinned by distributed ledger technology.
Cybersecurity takes top billing in the European Union's upcoming Fintech Action Plan, with a draft emphasising efforts to improve cooperation and coordination between market participants and regulators.
Singapore Airlines is to develop a blockchain-based digital loyalty wallet for frequent flyers in collaboration with retail partners.
The European Commission has launched a Blockchain Observatory and Forum with the express aim of supporting the EU's emerging fintech industry.
Banco Santander has set a Q1 2018 launch date for the introduction of same day mobile international payments for personal customers using Ripple's distributed ledger technology.
Crédit Agricole has taken a stake in financial blockchain outfit SETL, marking the bank's first equity investment in a third party financial technology company.
Cambridge Blockchain and IHS Markit have teamed up to bring distributed digital identity technology to the collection and management of know-your-customer information.
IDT Corporation and MercuryFX have signed up to trial Riple's xRapid real-time liqudity platform to settle retail remittances using virtual currency XRP.
© Finextra Research 2018