The European Commission has taken another step in its long-running tussle with Visa over interchange fees, turning its attention to the fees merchants in the EU must pay on transactions involving cards issued outside of the region.
Dutch bank ING believes the days of mismatched trading tickets could be drawing to a close after conducting tests of a blockchain-powered trade confirmation platform in partnership with Calypso and the R3 consortium.
Fiinu, a UK startup building a "blockchain-friendly" bank has added a pair of senior financial services industry veterans to its board.
The Hong Kong Stock Exchange is planning to launch a new private market to provide early stage companies with a blockchain-based share registration and transfer platform for the conduct of pre-IPO financing off-exchange and clear of the regulatory remit of the Securities and Futures Ordinance.
Japan's Mizuho Bank has been working with Nomura Research Institute (NRI) on the use of artificial intelligence to eliminate lengthy and complex derivative contract procedures.
The Securities and Exchange Commission (SEC) must do more to improve its defences against cyber attacks, says the US Government Accountability Office (GAO).
A US jury has indicted a Russian man arrested earlier this week in Greece accused of helping to launder more than $4 billion in bitcoin, including some obtained from the infamous Mt. Gox hack. In a coordinated move, the bitcoin exchange he operated has been slapped with a $110 million fine by American authorities for AML law violations.
In an unsual move for a US fintech startup, mobile-only banking outfit Varo Money is applying for a full national banking licence.
Nasdaq is to acquire Sybenetix, a UK-based startup that applies behavioural analysis and cognitive computing to sniff our suspicious trading activity at asset management firms.
A Tribunal Court judge has blocked a £14 billion class action lawsuit against Mastercard for overcharging customers, agreeing that the claims were not suitable under the current collective actions regime.
© Finextra Research 2017