CLS, the bank-owned currency trading utility, and IBM have gone live with their blockchain-based payment netting service after more than two years in development.
Abu Dhabi Bank Settles $500 Million Bond on a Blockchain
Abu Dhabi-based Al Hilal Bank has carried out a blockchain-based transaction for an Islamic bond worth $500 million.
Ripple Is Making It Easier for Customers to Integrate XRP. They Aren’t Yet
Ripple’s new version of xCurrent offers easier integration with xRapid, the product that leverages XRP. But so far, customers aren’t taking the plunge.
Amber Baldet: Don’t Force Public Blockchains ‘Down Enterprises’ Throats’
Until there are well-designed privacy features for enterprise applications on public chains, it’s premature for firms to use them, says Amber Baldet.
Major Banks Sign Up for New EU Commission Blockchain App Association
The European Commission, the EU’s executive body, is launching a blockchain app association next year and already has major banks on board.
Nearly 500 Crypto Startups Bank at Silvergate, IPO Filing Reveals
The California-based operator of Silvergate Bank has detailed its relationships with the cryptocurrency industry as part of its IPO filing with the SEC.
Deloitte Blockchain Chief: Bad Crypto Headlines Are Making Clients ‘Nervous’
Hype around ICOs and altcoins “hasn’t helped us,” says Linda Pawczuk, leader of Deloitte Consulting’s financial services industry blockchain group.
Malaysian Banking Group CIMB Taps Ripple for Blockchain Remittances
Malaysian banking group CIMB has joined Ripple’s blockchain-based payments network, RippleNet, seeking faster cross-border payments.
Singapore’s Central Bank, SGX Develop Blockchain Settlement System
The Monetary Authority of Singapore and the nation’s stock exchange have developed a blockchain-based settlement system for tokenized assets.
Canadian Bank Opens Deposit Box for Cryptocurrency Firms
VersaBank says its VersaVault offers “absolute privacy” when announcing that crypto exchanges and funds can sign up to use the platform on Thursday.
BBVA Puts $150 Million Syndicated Loan on Ethereum Blockchain
Banking giant BBVA has completed a pilot that put a $150 million syndicated loan for Spain’s electrical grid operator on the blockchain.
15 Banks Join DTCC Post-Trade Blockchain as Project Enters Testing
The Depository Trust & Clearing Corporation is now testing its main blockchain project with 15 global banks, before taking the tech live in 2019.
Swiss Finance Watchdog Tells Banks to Treat Crypto Trading As High Risk
The Swiss Financial Market Supervisory Authority (FINMA) is giving tough guidance to banks wanting to trade in crypto assets, a report indicates.
Firm Owned by India’s Richest Man Turns to Blockchain for Trade Finance
Reliance Industries – owned by India’s richest person, Mukesh Ambani – has used blockchain to conduct its first trade finance transaction.
Promise: A Startup Based on an Anonymous Paper Plans to Replace ACH
With $47 trillion flowing through it every year, ACH is a juicy target for blockchain disruption. Can a new startup called Promise pull it off?
This New Ethereum Software Client Is Built With Enterprises in Mind
Unlike other enterprise versions of ethereum, ConsenSys’ new Pantheon has a less-restrictive software license and uses Java as a programming language.
Ethereum’s Biggest Enterprise Group Is Releasing New Software Specs
The largest blockchain consortium has released its latest round of specifications – the next steps to harmonizing the way big companies use ethereum.
Nine Japanese Banks to Trial Blockchain Settlement Using Fujitsu Tech
Nine Japanese banks are teaming up to trial a blockchain-based inter-bank settlement system using Fujitsu technology.
Crypto Payments Startup Uphold Launches Lending Products
Crypto payments startup Uphold is launching Earn and Borrow in collaboration with lending platform Cred.
Accenture Tech Now Connects Corda, Fabric, DA and Quorum Blockchains
Accenture says its new “interoperability node” can connect the four big enterprise platforms: Hyperledger Fabric, R3 Corda, Quorum and Digital Asset.