A computer researcher who gained global recognition for his role in halting the Wannacry ransom attack on UK hospitals has been arrested in the US on charges that he was the chief architect of the Kronos banking trojan.
Cobalt, the FX post-trade processing network based on shared ledger technology, has closed an investment from Henry Ritchotte, the former Deutsche Bank COO who will also become a member of the startup's strategic advisory board.
Fintech is coming to the hallowed (virtual) halls of Oxford, thanks to an online programme from the university's Saïd Business School.
Absa has launched Virtual Investor, an online self-service investment platform that uses algorithms to recommend a product for customers based on their financial attitudes to risk.
Dutch bank ING believes the days of mismatched trading tickets could be drawing to a close after conducting tests of a blockchain-powered trade confirmation platform in partnership with Calypso and the R3 consortium.
The Hong Kong Stock Exchange is planning to launch a new private market to provide early stage companies with a blockchain-based share registration and transfer platform for the conduct of pre-IPO financing off-exchange and clear of the regulatory remit of the Securities and Futures Ordinance.
The Committee for Sydney, an independent think tank championing the Australian city's potential as an economic hub, is calling for fresh impetus from the NSW Government to boost the fintech ecosystem.
Sixty-two percent of European financial institutions expect to increase spending on payments technology throughout 2017, driven by the revenue-generating opportunities of instant payments and the need for increased operational efficiency.
Japan's Mizuho Bank has been working with Nomura Research Institute (NRI) on the use of artificial intelligence to eliminate lengthy and complex derivative contract procedures.
The author of a book on blockchain is launching a digital asset investment firm with $20 million in backing.
© Finextra Research 2017