Seven of Europe’s largest banks have selected IBM to build and host a new trade finance platform using Big Blue's Hyperledger Fabric.
Less than half of global asset managers and asset owners think that they are adapting technology quickly enough to support their business growth needs, according to a survey from State Street.
Barclays has approached the UK's Financial Conduct Authority (FCA) to talk about how it can bring cryptocurrencies like Bitcoin "into play".
Seeking to profit from a booming sharing economy, Mastercard has identified trust, experience and regulation as vital to unlocking the potential of the new commerce models that are emerging.
Hong Kong's DBS Accelerator, run by DBS Bank and early-stage VC Nest, is switching the format of the programme to a rolling intake that will see it host new startups throughout the year.
Asia remains home to most payments innovation but Europe is making a charge, leapfrogging Africa, North America and Latin America, according to a survey of industry execs which also calls out distributed ledger technology as over-hyped.
Swift has launched an Industry Challenge to find two winning fintechs who will be granted €100,000 to further develop new overlay services that leverage its Swift global payments innovation (gpi) platform.
Payments professionals from across Europe are gathering in Dublin this week for EBAday 2017, hosted by the Euro Banking Association and Finextra. We're liveblogging events here.
American International Group, IBM and Standard Chartered Bank have converted a multinational, controlled master policy written in the UK, and three local policies in the US, Singapore and Kenya, into a 'smart contract' that provides a shared view of policy data and documentation in real-time.
The Financial Conduct Authority has selected 31 firms for its second cohort of regulatory sandbox participants, narrowing down the field from an initial list of 77 submissions.
© Finextra Research 2017