JPMorgan Chase has formally exited blockchain consortium R3, following in the footsteps of fellow titans Goldman Sachs and Banco Santander who split last November.
More than 200 million financial services records were breached in 2016, representing a 937% percent increase over the previous year, according to data from IBM.
UBS, the world's largest wealth management firm, has moved its risk management platform to Microsoft Azure cloud technology.
VC funding to fintech companies in Europe spiked in Q1, while US deal activity cooled, according to the latest figures from CB Insights.
Palantir Technologies, a Peter Thiel-founded big data outfit which claims the SEC among its clients, will pay $1.66 million to settle a US government complaint that it discriminated against Asian job applicants.
Mizuho Bank is preparing to conduct its first live trade financing transactions over a distributed ledger developed in association with IBM.
Interbank messaging network Swift has rounded up an initial group of six leading correspondent banks to participate in proof-of-concept trials to determine if distributed ledger technology could help banks reconcile their nostro databases in real time.
Standard Chartered has initiated proof-of-concept trials on robo-advisory services and blockchain with two startups graduating from Hong Kong's SuperCharger Fintech Accelerator programme.
Welcome to Finextra's live coverage of the Swift Business Forum in London. This year’s conference will focus on the key issues affecting the financial industry, particularly as they impact UK and global markets. In an ever-increasing ‘instant’ world, the agenda will look at how financial institutions can stay resilient and secure, while continuing to innovate and navigate change.
Former UK government minister Mark Simmonds has teamed up with fintech veteran Hirander Misra on a venture that aims to help African smallholder farmers boost their earnings by connecting them with local commodity exchanges.
© Finextra Research 2017