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LATEST FINTECH NEWS
 
Fintechist Australian Securities Exchange DLT

Australian Securities Exchange Leans Toward a DLT-based Settlement System

by JP Buntinxon August 17, 2017
Distributed ledger platforms are all of the rage in the financial sector right now. integrating blockchain technology into existing platforms will be quite a challenge, though. The Australian Securities Exchange may become the first global stock exchange to use distributed ledger-based settlement. Before that decision can be made, a proper evaluation needs to be conducted […]
Fintechist DLT Nasdaq SIX Swiss Exchanges

Nasdaq and SIX Swiss Exchange Trial DLT for OTC Structured Products Business

by JP Buntinxon August 10, 2017
Blockchain technology is making inroads as far as the financial sector is concerned. Banks and other service providers are looking to integrate DLT into their infrastructure soon. SIX Swiss Exchange is making some major progress in this regard. More specifically, they will apply Nasdaq’s DLT protocol in structured products moving forward. This could be a […]

Fintechist Letters of Guarantee DLT

Thailand’s Kasikorn Bank Taps Distributed Ledger Technology to Transmit Letters of Guarantee

by JP Buntinxon August 8, 2017
Nearly every major bank in the world is working on distributed ledger technology right now. Blockchain-based projects can save institutions a lot of time, effort, and money. Kasikorn Bank, a Thai financial institution, wants to process close to 5% of its electronic Letters of Guarantee through a DLT solution by next year. That is an […]
Fintechist Hyperledger Blockchain

Hyperledger Blockchain Initiative Welcomes 10 new Members

by JP Buntinxon July 30, 2017
The Hyperledger blockchain initiative has welcomed a lot of members over the past year or so. The open-source collaborative effort will advance cross-industry blockchain technology. As of yesterday, the group welcomed another 10 new members to the fold. Given the developments made where Hyperledger Fabric 1.0 is concerned, that news is not entirely surprising. No […]

Fintechist Blockchain Letter of Credit

Chinese Banks Unveil Blockchain-based Letter of Credit System

by JP Buntinxon July 27, 2017
Blockchain technology has a bright future in the world of finance. It remains to be seen how different institutions plan to embrace this technology, though. China CITIC Bank and Minsheng bank use the blockchain to create a letter of credit system. Both companies announced this system not too long ago. One of the first transactions […]
Fintechist Santander Blockchain AI

Santander Partners With UK Startup to Speed up Blockchain and AI Integration

by JP Buntinxon July 26, 2017
Fintech experts will acknowledge there is still a strong focus on blockchain technology. Integrating this technology has been a struggle for banks and other financial institutions. Santander Global Corporate Banking is partnering with BiBox to smoothen this process. Creating a way for smaller fintech firms to provide tools to banks will yield intriguing results. This […]