IBM is leading a project that uses public blockchain technology to make international payments in developing countries more efficient and less expensive.
Fidelity is using virtual reality to transport staff into the homes of fictional customers so that they can see the impact of their responses to queries both during and after a simulated telephone call.
Ripple is hoping to tempt banks to jump onto its enterprise blockchain network by dangling a rebate, in the form of its XRP digital asset, to early commercial adopters.
Royal Bank of Canada has teamed up with Wave to integrate invoicing, accounting and financial insights into its online business banking platform.
Santander's fintech venture capital fund has led a $6 million funding round for ePesos, a Mexican mobile payments startup targeting underbanked small businesses.
Having clinched a host of fintech cross-border agreements with regulatory agencies across the world, Abu Dhabi Global Markets is now turning its attention to the commercial banking industry, signing an MoU with YES Bank to spur collaboration between the Middle East and India.
Early results from a blockchain proof-of-concept conducted by Swift with six of the co-operative's member banks indicate that DLT application can deliver the business functionalities and data richness required to support real-time liquidity monitoring and reconciliation.
OakNorth, a UK challenger bank targeting small- and medium-sized businesses, is looking to ramp up lending and license its technology around the world after raising £154 million from a group of international investors.
Increased regulatory burden is hampering smooth and timely onboarding of customers, as banks struggle with technology implementation and budget parameters, according to financial industry professionals surveyed in a new paper by Finextra Research.
Compliance and KYC specialist Accuity has integrated its financial crime screening suite with R3's distributed ledger technology platform, Corda.