24 July 2017
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Latest wholesale banking news

Fifteen startups selected for EBAday Fintech Pavillion

Fifteen startups selected for EBAday Fintech Pavillion

02 June 2017  |  25838 views  |  0 comments | 8 tweets | 9 linkedin

Finextra and the Euro Banking Association have selected 15 of Europe's most promising startups to present their ideas to banking delegates attending EBAday 2017, the continent's leading payments and transaction banking event.

In race to bring blockchain to financial markets, developers embrace open-source

In race to bring blockchain to financial markets, developers embrace open-source

01 June 2017  |  18396 views  |  1 comments | 32 tweets | 18 linkedin

We may be living in an era of data breaches and hacking scandals but more than half of financial markets participants working on blockchain see open-source as the best model for the technology.

HSBC boards the robo-advice train

HSBC boards the robo-advice train

01 June 2017  |  10125 views  |  0 comments | 15 tweets | 14 linkedin

HSBC is throwing its weight behind the robo-advisory movement, announcing plans to use data and algorithms to deliver tailored advice and make personal recommendations based on an individual’s circumstances.

Singapore opens up on DLT trials

Singapore opens up on DLT trials

31 May 2017  |  8755 views  |  0 comments | 10 tweets | 12 linkedin

Singapore is pushing ahead with its investigation into the use of a tokenised dollar on a distributed ledger for inter-bank payments.

Spanish banks back multi-sector DLT project

Spanish banks back multi-sector DLT project

31 May 2017  |  7818 views  |  0 comments | 13 tweets | 13 linkedin

Major Spanish banks are backing a multi-sector national project to create a digital identity system based on smart contracts.

Legacy tech will become barrier to fighting financial crime - survey

Legacy tech will become barrier to fighting financial crime - survey

30 May 2017  |  10219 views  |  0 comments | 22 tweets | 28 linkedin

More than 90% of senior financial crime professionals working in the UK banking industry are worried that their firms' legacy technology will become a barrier to fighting crooks over the next couple of years.

Did someone cancel the fintech revolution?

Did someone cancel the fintech revolution?

29 May 2017  |  27114 views  |  6 comments | 73 tweets | 50 linkedin

Did someone cancel the fintech revolution or has it just been delayed? That's the question posed by a new report on the UK scene, which argues that new entrants have failed to lure customers from incumbents and that VC money has started to dry up.

Cecabank sets up Spanish blockchain consortium

Cecabank sets up Spanish blockchain consortium

26 May 2017  |  12232 views  |  0 comments | 16 tweets | 11 linkedin

A new Spanish blockchain consortium spearheaded by Cecabank and professional services firm Grant Thornton is building tools designed to combat money laundering and boost KYC efforts.

Regtech rises up the agenda in Australia

Regtech rises up the agenda in Australia

26 May 2017  |  9138 views  |  0 comments | 18 tweets | 4 linkedin

Two Australian fintech associations have welcomed a commitment by the country's securities regulator to step up research and investment in technologies that could help ease the compliance burden for new companies entering financial services.

Bank of Canada says DLT not ready for interbank payment system

Bank of Canada says DLT not ready for interbank payment system

25 May 2017  |  14331 views  |  1 comments | 27 tweets | 25 linkedin

Following a year-long experiment, the Bank of Canada says that distributed ledger technology is not ready to act as the backbone of a wholesale interbank payment system.

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