Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Big banks step up funding for post-trade network AccessFintech

AccessFintech has secured $20 million in Series B financing in an investment round led by Dawn Capital, with additional funding from Deutsche Bank and follow on investing from JPMorgan, Citi, Goldman Sachs

06 October 2020

/markets

Bank of Thailand launched blockchain-based government savings bond platform

Thailand's central bank has teamed up with IBM to launch the world's first blockchain-based platform for government savings bonds, issuing a total of $1.6 billion within two weeks.

05 October 2020

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Citi invests in low code platform Genesis

Citi has invested in low code platform Genesis Global Technology in an effort to drive business workflow efficiencies across multiple business lines.

05 October 2020

/markets

JPMorgan to turn loyalty points into tradeable assets

JPMorgan is working with fintech startup Affinity Capital Exchange to create a new class of financial assets based around the trading of loyalty point portfolios.

02 October 2020

/markets

NZX CIO quits

The New Zealand stock exchange's chief information officer has resigned in the wake of a crippling cyber attack that recently knocked the main market offline for several days.

02 October 2020

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Tokyo Stock Exchange halted by hardware collapse

The Tokyo Stock Exchange has been forced to halt trading for an entire day due to a hardware failure.

01 October 2020

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Gleif looks to expand Legal Entity Identifier usage with new validation agent role

The Global Legal Entity Identifier Foundation (Gleif) is calling on financial institutions to take on a new 'validation agent' role within the global LEI system.

01 October 2020

/markets

Citi penalised for system design flaw that scrubbed millions of audio files

Citibank has been fined $4.5 million by the Commodity Future Trading Commission (CFTC) for a design flaw which led to the deletion of millions of audio files, including recordings which had been subpoenaed.

29 September 2020

/markets

What will drive capital markets firms to migrate to cloud in 2020 and beyond?

Legacy infrastructure cannot keep pace with the continuous automation, changing regulatory demands, dynamic market conditions and growing customer expectations in the financial services industry today, particularly in capital markets. Firms have started to realise the opportunities that come with cloud, redesigning operating models and implementing cost-saving measures to increase efficiency.

25 September 2020

/markets

EU proposes first set of rules for crypto assets

The European Union has taken a major step forward in its bid to regulate the crypto assets world after its executive branch issued its most extensive proposals to date for supervising the growing sector.

25 September 2020

/markets

Deutsche Börse to sell reporting biz to MarketAxess

Fixed income trading platform MarketAxess has struck a deal to buy Deutsche Börse's regulatory reporting business. Financial terms were not disclosed.

23 September 2020

/markets

Investors to increase allocation to crypto assets

The growing number of startups offering crypto investment services will be buoyed by news that institutional investors are set to increase the amount of capital they spend on crypto assets.

22 September 2020

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