Search Results for: financial institutions
UBS Building Virtual Coin For Mainstream Banking
September 7th, 2015
Swiss bank UBS is working on a prototype virtual currency that it hopes will be used by banks and financial institutions as a basis to settle mainstream financial markets transactions. But unlike the bitcoin digital currency, the Swiss bank’s ...
PayPal Announces Launch of PayPal.Me Peer-to-peer Payments Similar to Square Cash or Bitcoin Wallets
September 4th, 2015
Receiving money from a friend, client or anyone else on PayPal just got a little bit easier. Today, the company announced the launch of PayPal.Me, a personal, vanity PayPal link that makes it easy to remind people to send ...
CME Group Successfully Completes First Multilateral Compression Cycle Using TriOptima’s triReduce Service
September 4th, 2015
Gross Notional Reductions Amount to $2.2 Trillion CME Group, the world’s leading and most diverse derivatives marketplace, announced today the completion of the first multilateral compression cycle in collaboration with TriOptima’s triReduce compression service. Nine CME Group IRS clearing ...
First Regulated Yen-Swap Trade Executed on Tradeweb ETP
September 2nd, 2015
Tradeweb Granted ETP Licence by Japan’s Financial Services Agency Tradeweb Markets, the leading global marketplace for electronic fixed income, derivatives and ETF trading, announced that its new regulated marketplace for trading interest rate swaps in Japan today saw its ...
Bloomberg Launches Electronic Trading Platform in Japan
September 1st, 2015
Mandatory Electronic Trading of Japanese Yen Interest Rate Swaps Takes Effect Bloomberg Tradebook Japan Limited (“Tradebook Japan”) today announced the launch of its Electronic Trading Platform (ETP) in Japan, in support of the September 1 mandate for banks and ...
KPMG Forms Exclusive Alliance with Fintech Platform Matchi
August 31st, 2015
KPMG has issued a press release to inform that it has become the exclusive advisory alliance partner with Matchi.biz, the innovative fintech matchmaking platform that connects banks and insurance companies with financial services technology start-ups and innovations sourced from ...
BlackRock to Acquire FutureAdvisor
August 27th, 2015
Combining high-quality B2B technology-enabled advice capabilities and world-class investment and risk management solutions BlackRock, Inc. (NYSE:BLK) has entered into a definitive agreement to acquire FutureAdvisor, a leader in digital wealth management. FutureAdvisor will operate as a business within BlackRock Solutions (BRS), ...
Bank of Scotland is most complained-about bank, watchdog reveals
August 26th, 2015
More than 20,000 complaints about bank dealt with by financial ombudsman in first half of 2015, with Barclays and Lloyds also prompting many complaints Bank of Scotland, Barclays and Lloyds have been named the three “most complained-about” financial firms so ...
Bitcoin 2.0: What do banks want from blockchains?
August 25th, 2015
Most financial institutions are currently in stealth mode, trying to wrap their heads around some version or other of a blockchain, the shared ledger system made famous by Bitcoin. But banks don’t want decentralisation or anonymity or open access. ...
E-Coin Launches Bitcoin Debit Card Affiliate Program
August 24th, 2015
E-coin specializes in bridging the gap between the traditional financial institutions and Bitcoin by allowing Bitcoin users to store Bitcoin safely with its multi-sig wallet service, as well as allowing users to load Bitcoin onto debit cards that can be used ...