The Australian Securities Exchange (ASX) has announced that it will soon be deciding on whether it will migrate its entire settlement system to the blockchain. An address to shareholders by Chairman Rick Holiday-Smith, it was revealed that the system had …
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Avaloq has inked a deal with Deutsche Apotheker- und Ärztebank (apoBank). The two will work together on a project, running until the end of the first quarter 2017, which will analyse and elaborate how far the execution of apoBank’s IT …
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Startupbootcamp has launched a FinTech accelerator in Mumbai. ICICI Bank, ICICI Lombard, RBL Bank, AZB & Partners and PwC are the founding institutions in the venture’s expansion to the India market, following initiatives in London, New York and Singapore Startups …
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  Spain’s BBVA is creating a Creation Centre in Dallas, via its US subsidiary BBVA Compass, featuring 60 experts in data analytics, software engineering, and user experience and design. “The team at the BBVA Creation Centre is going to take what …
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Financial institutions are more than willing to increase data sharing and collaboration with their peers, especially as financial inclusion and transparency are a big priority. The love-in has been reported by LexisNexis, following its study of 300 senior-level professionals in …
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Banks holding both custody and investment lines are a major concern for financial institutions, according to research released by SIX Securities Services. The study and survey, published at Sibos 2016 in Geneva, Switzerland, outlines how 64% of institutions are concerned …
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BNY Mellon do not view FinTechs as a threat and the feeling is mutual. That’s according to Saket Sharma, BNY Mellon’s Chief Information Officer for Treasury Services, who yesterday took part in a SWIFT Lab discussion at Sibos 2016 to highlight how …
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ATM big hitter Diebold Nixdorf has launched a crowdstorming initiative called ‘Rethinking services and consumer touchpoints in the financial industry’, which will tap into the global pool of more than 80,000 creative professionals on the jovoto online platform. “We wake …
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Promising to slash onboarding times and streamline KYC processes, RegTech seems to be a silver bullet for banks wanting solutions paced for change. But the industry is risking driving itself into a dead end street of siloed RegTech KYC apps, …
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Kite Consulting Group has gone live with Blocktribe, designed to list the best blockchain-related jobs around the globe. The likes of Circle, Bitpay, Gatcoin, BNY Mellon, Deloitte and Elliptic have posted jobs on the site at launch. Daniel Halstead, CEO …
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The future of the finance industry was under scrutiny this morning at Sibos 2016 in Geneva, Switzerland, as a panel – lead by MoneyWeek’s Merryn Somerset Webb – discussed the ins and outs of obtaining a secure future. “It’s quite …
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Yet another Sibos 2016/blockchain announcement…Microsoft and Bank of America Merrill Lynch are teaming up in the area of trade finance transacting to build and test technology, create frameworks, and establish best practices for blockchain-powered exchanges between businesses and their customers …
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An increasing number of banks are realising the potential of blockchain technology and are exploring ways of using it, according to an Infosys report, based on the views of 81 banking and FinTech experts. Key findings include: Blockchain may decrease …
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