Four banks join UBS and IBM on trade finance blockchain platform
(6 October 2017 – Europe) Commerzbank, Bank of Montreal, Erste Group Bank and CaixaBank have joined an initiative launched by UBS Group and IBM aimed at building blockchain-based […]
(6 October 2017 – Europe) Commerzbank, Bank of Montreal, Erste Group Bank and CaixaBank have joined an initiative launched by UBS Group and IBM aimed at building blockchain-based […]
(6 October 2017 – Global) Barclays has appointed Reid Marsh as head of banking for Europe, the Middle East and Asia-Pacific Marsh previously co-headed the bank’s entire Asia-Pacific […]
(26 September 2017 – Global) Twelve major banks joined blockchain consortium firm R3 and trade finance technology provider TradeIX in a bid to develop an open account trade […]
(6 September 2017 – Global) Publisher, Global Trade Review (GTR) has launched an investment arm that it says aims to support trade-associated fintech companies. GTR Ventures (GTRV) will […]
(5 September 2017 – Global) Square Payments has officially applied for a US banking license following months of industry speculation. The move has re-started debate around the use […]
Initially launched as an idea in September 2015, UBS’ digital cash system has received a boost with six major banks joining the initiative. According to Reuters, Credit Suisse, […]
Two managers at French bank Societe Generale have been charged by US authorities with taking part in a scheme to manipulate the global US dollar Libor benchmark interest […]
Bank of America Merrill Lynch and fintech startup High Radius are bringing artificial intelligence and account receivables together for corporates processing large volumes of payments. The ‘Intelligent Receivables’ […]
(11 August 2017 – United States) Payment company, PayPal has agreed to acquire online lending firm Swift Financial to help bolster its merchant lending business, Working Capital. The […]
(10 August 2017 – Global) In a deal that creates the world’s biggest payments company by transaction volume, Vantiv has finalised a deal to acquire British payment processing […]