Rabobank has partnered with Norway's Signicat to provide a digital identity hub for businesses looking to onboard new customers and sign legally-binding contracts online.
Three Chinese citizens who traded on insider information by hacking into the systems of two New York-based law firms have been fined $8.8 million by the Securities and Exchange Commission.
Citi has become the latest Wall Street giant to join a Series A funding round for Axoni, bringing the total amount raised by the distributed ledger technology outfit to over $20 million.
HSBC has begun the global roll out of a virtual platform for businesses to complete trade finance, receivables finance and business loan applications whether they’re in their office, at home or on the road.
Mizuho is joining forces with World Innovation Lab to create a joint venture company that will pair with startups from Japan and the US to create new business services utilising fintech innovations and the Internet of Things.
Citadel Securities and XTX Markets have signed up as launch partners for the live implementation of Cobalt's FX post-trade processing network, a DLT-based platform founded by currency trading veterans Andy Coyne and Adrian Patten.
The Royal Bank of Scotland and its NatWest subsidiary are introducing an automated process that will see them make commercial real estate lending decisions of up to £2 million in just 45 minutes.
KPMG is looking to cash in on the growing trend for bank/startup collaboration with the acquisition of fintech matchmaking platform Matchi.
Stockholm-headquartered Cinnober has acquires UK-based market surveillance outfit Ancoa, which filed for bankruptcy in 2016 after failing to generate fresh funding.
BNP Paribas is to locate its Plug and Play accelerator at Parisian startup campus Station F as part of a partnership programme that will see the bank become a first port of call to meet the financing needs of emerging technology firms at the site.
© Finextra Research 2017