Search Results for: financial institutions
R3 partners with Monetary Authority of Singapore to launch Asia Blockchain Centre of Excellence
November 9th, 2016
Financial innovation firm R3 has collaborated with the Monetary Authority of Singapore (MAS) to launch its first dedicated distributed ledger technology (DLT) Center of Excellence in Asia as it continues to expand its presence in the region. As Singapore’s ...
China Foreign Exchange Trade System (CFETS) joins R3 distributed ledger consortium
November 3rd, 2016
Financial innovation firm R3 has announced the addition of China Foreign Exchange Trade System (CFETS), China’s official interbank market trading platform, to its consortium to design and apply distributed and shared ledger-inspired technologies to global financial markets. Headquartered in Shanghai, CFETS ...
Saudi Arabia may soon go bankrupt If no changes are made; Saudi experts
November 3rd, 2016
A two-year drop in oil prices has inflicted a dramatic blow to the economy of one of the world’s richest countries. If no changes are made, Saudi Arabia, according to some Saudi experts, will go bankrupt in three to ...
42 Banks Join New Japanese Blockchain Consortium
November 2nd, 2016
42 banks are joining a newly-created Japanese blockchain consortium to enhance the cross-border payment industry. The consortium will focus on research and development, and will cover domestic and foreign exchange services by utilizing blockchain technology. The Japanese blockchain organization ...
TFX starts providing Click365 & Click Kabu 365 market data to Bloomberg
October 28th, 2016
Tokyo Financial Exchange Inc. (TFX) has issued a press release to inform that it has started providing market data of Click 365 (Exchange FX Margin Contracts) & Click Kabu 365 (Exchange Equity Index Margin Contracts) to Bloomberg L.P. (Bloomberg). Wataru ...
Gobal ATM owner and operator launches in Spain
October 27th, 2016
Cardtronics (Nasdaq:CATM), the world’s largest ATM owner / operator that provides services to approximately 200,000 cash machines globally, announced it has launched its ATM business in Spain through separate agreements it has signed with EURO 6000 and SuperCOR (El ...
London banks are reportedly stockpiling Bitcoin to pay off potential ransom demands of cyber criminals
October 26th, 2016
THE threat of debilitating attacks launched by hackers has become so concerning that financial institutions in London are reportedly stockpiling Bitcoin to pay off potential ransom demands of cyber criminals. On Friday in the US, a number of major ...
Korean Government to Commercialize Bitcoin, Digital Currency
October 25th, 2016
Financial authorities decided to institutionalize digital currencies such as Bitcoin. In addition, they are planning to ramp up the size of average annual policy finance to one trillion won from 500 billion won for the development of fintech. “We ...
Alpari and the Republic of Mauritius in cooperation talks
October 25th, 2016
Alpari has issued a press release to inform regarding a meeting recently took place in the Republic of Mauritius between government officials, the country’s financial institutions and Alpari higher management. The meeting was to discuss priority areas of cooperation. ...
Blockchain platform developed by Banks to be Open-Source
October 23rd, 2016
A blockchain platform developed by a group that includes more than 70 of the world’s biggest financial institutions is making its code publicly available, in what could become the industry standard for the nascent technology. The Corda platform has ...
