Search Results for: FinTech
IBM Debuts Blockchain Ecosystem
December 9th, 2016
IBM Debuts Blockchain Ecosystem To Help Accelerate Growth of Networks on Hyperledger Fabric Blockchain has the potential to transform the way industries conduct business transactions. This will require a complete ecosystem of industry players working together, allowing businesses to ...
The first global exchange for virtual gaming products
December 2nd, 2016
Switex to create the first standardized and independent market for trading virtual game items Naga to manage Switex based on its technological leadership while Deutsche Börse Group to supply market expertise Hamburg-based FinTech firm Naga Group AG and Deutsche ...
The second country in the world to develop a National Digital Currency
December 1st, 2016
Senegal has recently become only the second country in the world to introduce a digital currency based on blockchain technology. Named eCFA, the digital currency will be legal tender just as the current currency, CFA Franc, is. Senegal’s eCFA ...
Nasdaq names new Chief Executive Officer
November 16th, 2016
Nasdaq is today announcing its Board of Directors has named Adena Friedman President and Chief Executive Officer, and she will also join the Board of Directors, effective January 1, 2017. After nearly 14 years leading the company as CEO, Bob Greifeld ...
MAS, R3 and Financial Institutions experimenting with Blockchain Technology
November 16th, 2016
The Monetary Authority of Singapore (MAS) today announced that it is partnering R3, a Blockchain technology company, and a consortium of financial institutions on a proof-of-concept project to conduct inter-bank payments using Blockchain technology. This project could potentially avail ...
ayondo acquires Singapore investor education app TradeHero
November 15th, 2016
UK and Germany-based online social trading platform ayondo has acquired Singapore investor education app TradeHero. This deal expands ayondo’s footprint in the republic. Nearly a year ago, it had announced a partnership with KGI Fraser Securities Pte Ltd to ...
SETL and Deloitte joined forces to produce a contactless payments card
November 15th, 2016
London-based fintech company SETL and global auditing firm Deloitte DLTE.UL have joined forces to produce a contactless card that enables retail payments to be processed and settled almost instantly by the means of blockchain technology. The payment card, which ...
Citibank Launches Challenge to Apple and Google With Citi Pay
November 11th, 2016
Citi is the latest company to enter the mobile wallet wars, which is dominated by Apple Pay, Android Pay, PayPal, Samsung Pay, and others. On Thursday, the finance titan unveiled Citi Pay, a new mobile wallet for Android phone ...
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 ...
FCA UK unveils successful sandbox firms on the second anniversary of Project Innovate
November 7th, 2016
The Financial Conduct Authority (FCA) today marks the second anniversary of Project Innovate by announcing the firms that were successful in their applications to begin testing in the first cohort of the regulatory sandbox. The regulatory sandbox is part ...