Mizuho has completed a trade finance transaction between Australia and Japan, digitising all necessary documentation and sharing the data with multiple participants across a distributed ledger.
Investors have completed the first live share purchases over a blockchain-powered fund distribution platform.
Interbank messaging network Swift says that 22 additional global banks have joined its blockchain proof of concept (PoC), designed to validate whether the technology can help banks reconcile their international nostro accounts in real time.
Thomson Reuters is opening an incubator in Switzerland, giving startups working in areas such as big data, analytics, AI and distributed ledgers access to its famed data and content sets.
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.
Welcome to Finextra's live coverage from Day 2 of the SAP Financial Services Forum in London. The theme for this event is 'winning in the digital moment'. The 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.
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.
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.
Los Angeles is looking to jump aboard the multi-billion dollar fintech train through its first professional financial technology conference.
SBI Remit and Siam Commercial Bank (SCB) have introduced the first commercially-available remittance service powered by Ripple, using the system to send money in JPY to a recipient’s SCB savings account in Thailand and receive funds in seconds.
© Finextra Research 2017