BNP Paribas Securities Services and crowdfunding outfit SmartAngels have loaded the share registers of five of their clients onto a new platform designed to allow private companies to issue securities on the primary market and give investors access to the secondary market using blockchain technology.
Commerzbank is to work with the Fraunhofer-Institute for Material Flow and Logistics (IML) in Dortmund to test and develop new scenarios for digitisation of trade and supply chain finance using distributed ledgers and the Internet of Things.
Shares in payment processors Worldpay and Nets have surged amid widespread market chatter of takeover talks with third party suitors.
Erroneous test data provided by third party vendors caused wild swings on prominent Nasdaq stocks in after hours trading on the eve of the 4 July US holiday celebrations.
Welcome to Finextra's live coverage of the SAP Financial Services Forum in London. The theme for this event is 'winning in the digital moment'. The two-day agenda will examine how technologies such as AI, machine learning, analytics, blockchain, open APIs and the cloud can be best leveraged to deliver truly digitised financial services.
RBC Global Asset Management is to invest $20 million to establish an in-house innovation lab, snapping up Toronto-based digital advisory firm Wiser Investments as part of the package.
UK Finance, a new mega-trade body representing over 300 firms in the UK, opens for business today, taking on the activities previously carried out by the Asset Based Finance Association, the British Bankers’ Association, the Council of Mortgage Lenders, Financial Fraud Action UK, Payments UK and The UK Cards Association.
Enterprise Ireland has created a EUR500,000 fintech development and support fund in a bid to attract up to ten startups from across the world to set up shop in the country.
NatWest is trialling the use of artificial intelligence technology from a company set up by a former FSA regulator to monitor and analyse the context of sales conversations recorded between clients and front-life staff.
Banco Santander has appointed a nine-year veteran of US financial software house Intuit as chief digital and innovation officer.
© Finextra Research 2017