ING and Societe Generale have teamed up with commodity trading house Mercuria to test the use of blockchain technology for a live oil trade.
Northern Trust has engaged with IBM on the commercial deployment of blockchain technology for the private equity market.
BNY Mellon is looking to staff up a new team with a mandate to investigate business disruptive emerging technologies such as blockchain, AI and robotics.
Funding for fintech companies around the world plummeted in 2016, with American and European firms experiencing a particularly sharp drop in investment, according to a report from KPMG and PitchBook which nevertheless predicts a bumper 2017.
A new Alliance to promote the uptake of Ethereum as the foundation for running smart contracts in Fortune 500 enterprises is set to host its inaugural meeting in New York next week.
Digital currencies such as Bitcoin will not be safe without government intervention and are likely to be counterfeited, according to a Bank of Canada report drawing on the lessons off private bank notes in the 1800s.
Registration has opened for EBAday 2017, Europe's pre-eminent payments conference and exhibition, which will be staged this year in Dublin.
Ripple's efforts to build an active ecosystem around its XRP digital asset has been boosted by a deal with virtual currency processor BitGo.
Madrid-based online reputation startup Traity has launched a chatbot that uses an "open blockchain balance sheet" to provide micro-insurance for people carrying out P2P transactions
Mizuho Financial Group and Sumitomo Mitsui Financial Group have joined a $1.75 million funding round for Japan's biggest bitcoin exchange, bitFlyer, according to Nikkei.
© Finextra Research 2017