Blockchain-powered B2B payments platform PayStand raises $6M in Series A funding
Nov 17, 2017 03:34 am UTC| Digital Currency
PayStand, a payments platform using blockchain technology to automate and secure B2B systems, has raised $6 million in a Series A round led by BlueRun Ventures with participation from Cervin Ventures, Serra Ventures, TiE,...
Prudential, StarHub partner to launch blockchain-based digital trade platform in Singapore
Nov 17, 2017 02:45 am UTC| Fintech Digital Currency
Prudential Singapore and StarHub have partnered to launch a blockchain-based digital trade platform for Small and Medium-sized Enterprises (SMEs). Dubbed Fasttrack Trade (FTT), the platform would enable SMEs to seek...
E&Y expands blockchain talent and facilities in Europe with multimillion dollar investment
Nov 16, 2017 10:07 am UTC| Digital Currency
EY has announced a multimillion-dollar investment in blockchain talent, technology and facilities in Europe. The firm said that it is expanding its European teams that develop innovative blockchain-based products to...
IBM and leading banks complete POC of blockchain-based shared KYC
Nov 16, 2017 08:25 am UTC| Digital Currency
IBM has successfully completed the Phase I proof-of-concept (POC) of its Shared Corporate Know Your Customer (KYC) project. The project is being conducted in collaboration with Deutsche Bank, HSBC, Mitsubishi UFJ...
Wall Street Blockchain Alliance adds KPMG as corporate member
Nov 16, 2017 05:24 am UTC| Digital Currency
Consulting firm KPMG has joined the Wall Street Blockchain Alliance (WSBA) as a corporate member. Founded in 2015, WSBA is a non-profit trade association that aims to promote comprehensive adoption of distributed ledger...
Nov 16, 2017 04:37 am UTC| Digital Currency
Consulting giant Deloitte has published a new survey report that examines technology trends among mid-sized and private companies. According to the survey results, a vast majority of companies have plans to tap...
MAS collaborates with MIT Media Lab, focuses on DLT application in financial industry
Nov 16, 2017 03:14 am UTC| Fintech Digital Currency
The Monetary Authority of Singapore (MAS) has announced its collaboration with the Massachusetts Institute of Technology (MIT) Media Lab in Cambridge, Massachusetts. The collaboration will provide an opportunity to...
Labour can afford to be far more ambitious with its economic policies – voters are on board
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