31 August 2016
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Japanese bank consortium to build new payments network with SBI Ripple Asia

Japanese bank consortium to build new payments network with SBI Ripple Asia

23 August 2016  |  5829 views  |  0 comments | 24 tweets | 18 linkedin

A consortium of 15 Japanese banks are to work with blockchain joint venture SBI Ripple Asia, to build a new payments platform promising round-the-clock real-time settlement for cross-border and domestic funds transfers.

Swift forms High Value Payments taskforce for ISO 20022

Swift forms High Value Payments taskforce for ISO 20022

18 August 2016  |  4810 views  |  0 comments | 10 tweets | 17 linkedin

Swift is to push the gospel of global interoperability for the ISO 20022 messaging standard to the very top of the payments food chain with the formation of a High Value Payment taskforce comprised of global banks and major market infrastructure providers.

UOB trains bankers on alternative financing options for startups

UOB trains bankers on alternative financing options for startups

17 August 2016  |  2515 views  |  0 comments | 2 tweets

United Overseas Bank is training more than 100 commercial bankers on alternative financing as it deepens support for startups through its recent $10 million investment in equity crowdfunding platform OurCrowd.

Blockchain to become 'beating heart' of financial system

Blockchain to become 'beating heart' of financial system

12 August 2016  |  17188 views  |  0 comments | 50 tweets | 72 linkedin

Blockchain technology will fundamentally alter the way financial institutions do business, according to a report from the World Economic Forum.

Bank consortia look to distributed ledgers and smart contracts to rewire trade finance

Bank consortia look to distributed ledgers and smart contracts to rewire trade finance

10 August 2016  |  14260 views  |  2 comments | 51 tweets | 57 linkedin

Bank of America Merrill Lynch, HSBC and the Infocomm Development Authority of Singapore have claimed success in demonstrating the application of distributed ledgers to replace paper-based Letters of Credit in trade finance transactions.

Innotribe expands at Sibos as innovation chat moves centre stage

Innotribe expands at Sibos as innovation chat moves centre stage

08 August 2016  |  5812 views  |  1 comments | 12 tweets | 8 linkedin

Innotribe, the innovation arm of Swift, is expanding its capacity at the messaging co-operative's annual Sibos jamboree by 50%, but don't expect any chat about distributed ledger technologies, which has now been swallowed up by the mainstream event.

Bitcoin and blockchain pose little risk to payments giants - Credit Suisse

Bitcoin and blockchain pose little risk to payments giants - Credit Suisse

05 August 2016  |  11857 views  |  0 comments | 22 tweets | 28 linkedin

Visa, MasterCard, WorldPay and others in the payments sector can relax: Bitcoin will remain a niche player and blockchain technology poses little risk, according to a new report from Credit Suisse, which has less comforting news for Swift.

MasterCard and PayPal hold talks about alliance - FT

MasterCard and PayPal hold talks about alliance - FT

29 July 2016  |  8306 views  |  0 comments | 19 tweets | 14 linkedin

MasterCard and PayPal have engaged in a "constructive dialogue" about a possible strategic alliance, according to a report in the Financial Times.

Call for standards to aid fintech growth

Call for standards to aid fintech growth

28 July 2016  |  7431 views  |  0 comments | 17 tweets | 6 linkedin

Standards have the potential to strengthen and speed up fintech development in the UK, according to a paper recently published by BSI.

BBVA in management reshuffle for digital banking push

BBVA in management reshuffle for digital banking push

28 July 2016  |  7921 views  |  0 comments | 15 tweets | 13 linkedin

Spanish bank Banco Bilbao Vizcaya Argentaria (BBVA) is set to embark on a second management reorganisation within 14 months in anticipation of a further push of its digital banking plans, according to Bloomberg.

UK payments regulator calls for structural reform

UK payments regulator calls for structural reform

28 July 2016  |  6816 views  |  0 comments | 18 tweets | 37 linkedin

The Payment Systems Regulator (PSR) has called for an overhaul of the UK's payments infrastructure to generate more competition and meet consumers' needs.

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