National Bank of Abu Dhabi uses Ripple’s blockchain for real-time cross border payments
Feb 01, 2017 09:57 am UTC| Fintech
The National Bank of Abu Dhabi (NBAD) has announced that it has become the first bank in the Middle East and North Africa (MENA) region to introduce real-time cross border payments on blockchain technology. According to...
Envestnet | Yodlee, Varo Money collaborate for fintech push
Feb 01, 2017 07:31 am UTC| Fintech
Data aggregation and analytics platform Envestnet | Yodlee that powers dynamic, cloud-based innovation for digital financial services, announced its new partnership with a mobile-only banking startup Varo Money in a move...
ECB mulls using blockchain technology for pan-European securities issuance service
Feb 01, 2017 07:00 am UTC| Fintech
The European Central Bank (ECB) is considering creating an integrated European financial market, particularly in the areas of securities issuance and instant payment settlement. Speaking at Joint ECB and European...
Deutsche Bundesbank reveals details of preliminary prototype for blockchain-based settlement
Feb 01, 2017 05:55 am UTC| Fintech
The German central Bank has revealed the details of a preliminary prototype for blockchain-based settlement, which it developed in collaboration with Deutsche Brse. Speaking at the G20 conference Digitising finance,...
Japan Exchange Group makes investment in fintech startup OpenGamma
Feb 01, 2017 05:18 am UTC| Fintech
Tokyo Stock Exchange operator Japan Exchange GroupInc (JPX) announced that it has invested in UK-based fintech startup OpenGamma Limited, taking a minority stake as reported by Reuters. The exchange groups funding round...
DFS Innovation Lab invites entrepreneurs and innovators for fintech bootcamp in April
Jan 31, 2017 10:09 am UTC| Fintech
Digital Financial Services (DFS) Innovation Lab,powered by the Bill and Melinda Gates Foundation and delivers innovative fintech solutions, has launched fintech bootcamp in the month of April 2017. The bootcamp will bring...
BNP Paribas obtains stake in fintech firm Fortia Financial Solutions
Jan 31, 2017 07:17 am UTC| Fintech
French multinational bank and financial services company BNP Paribas announced that it has taken a minimum stake in a fintech startup Fortia Financial Solutions that has developed Innova, a new generation investment...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
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Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects