Top fintech stories this week – 21 December 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Blockchain
Everything you need to know about blockchain in Switzerland
Switzerland has introduced a comprehensive legal framework for regulating blockchain on a national level.
Blockchain incubator Adel does file transfers well
AdelPoint offers decentralised, anonymous and encrypted service.
BBVA and EIB sign €1bn synthetic securitisation on blockchain
The first of its kind in the EU.
Digital Asset CEO Blythe Masters quits
Company’s CEO since 2015 steps down for personal reasons.
Diginex deepens digital assets with Altairian acquisition
Hong Kong-based blockchain firm buys again – this time a UK wealthtech.
CoinAlpha fined $500k for crypto law breach
Blockchain protocol also gets a cease and desist from the US regulator.
Norway’s DNB calls for fintech start-ups
DNB NXT Accelerator and StartupLab want you.
Crypto data firm Nomics nabs $3m funding
Arthur Ventures leads the round with Coinbase participating.
Swiss government preps for blockchain bonanza
Federal Council wants to exploit digital opportunities with friendly framework.
IOHK Plutus Fest: bringing science to smart contracts technology
Separating blockchain reality from hype with new platforms based on scientific principles and published research.
BBVA drives first acquisition term loan on blockchain
Closes the loan with Porsche Holding Salzburg.
NEO Global Capital invests in blockchain platform Ultrain
Decentralised computing platform plans to build cloud infrastructure.
UAE and Saudi Arabia trial cross-border payments on blockchain
Despite some media reports it’s not a digital currency.
Line acquires GrayHash for fintech security
Looking to improve its messenger, AI, blockchain and digital asset exchange.
Ripple powers Coinone’s remittance app in South Korea
The nation’s “first blockchain-powered remittance mobile app and web service”.
India’s FinXtree fires up for fresh fintech products
Plans to develop digital products for lending and blockchain solutions.
Sberbank in three-way repo deal on blockchain
Joined by National Settlement Depository and Brokerage Company Region.
R3 and European banks complete euro commercial paper transaction
Second attempt with Commerzbank, ING, Natixis and Rabobank.
R3 and Ripple settle down for universal payments app
Famous duo ally as XRP is the first settlement mechanism.
Itaú, Wells Fargo and StanChart make $100m club loan on blockchain
Proof of concept used R3’s Corda Connect platform.
Ripple and friends form Blockchain for Europe alliance
To teach the power of blockchain across the continent.
Italian banks’ blockchain project picks up pace
More banks, more data and more news for Spunta Banca Project.
French 14 find firm favour in R3 blockchain trial
Corporates complete regional CordaKYC trial with AFTE.
Calastone to launch blockchain-powered funds marketplace
Coming in May 2019 via its new distributed market infrastructure.
From here to æternity: first live implementation of next-gen blockchain
A step forward for open-source smart contracts blockchain protocol with æternity’s Roma release.
UN’s fintech task force fired up for sustainable development
United Nations calls on banks and firms to get digital finance flows to SDGs.
Austrian Blockchain Centre waltzes into fintech space
Plans include a central bank digital currency and compliance systems.
Goldman Sachs and Morgan Stanley go live with CLSNet
Automated FX services on the blockchain.
Russians get bond… on blockchain
Relax… Sberbank, NSD and MTS close deal on commercial bond.
Beijing plots to make fintech grand thing
The capital reveals its tech development plan up to 2022.
Nordea and Finnish friends to digitalise share trading on blockchain
Joined by Asiakastieto, OP, Privanet and Tieto for a feisty fintech force.
Gibraltar Blockchain Exchange first in world to acquire full licence
Granted by the Gibraltar Financial Services Commission (GFSC).
FCA’s crypto force looking into limiting exchange tokens
It used the word “prohibition”!
SBI Ripple Asia leads payment fraud fight in Japan
Proof of concept will run on the Corda network.
BBVA and Santander join launch of EU blockchain platform
Get ready for the International Association for Trusted Blockchain Applications.
Fenbushi’s Dispatch-ed for blockchain building in Asia
San Francisco-based Dispatch offers DLT app creation.
Swift India all MonetaGo for banking on blockchain
Pilot programme kicks off.
Technology for the new world
Business as usual is no longer an option. You can bank on that.
IBM and Columbia University call for blockchain start-ups
Two juicy new accelerator programmes are waiting for you.
