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What DTCC’s IBM Blockchain Transition ‘Reimagining’ Credit Derivatives Signifies

By Roger Aitken for Forbes

On the heels of the announcement by the U.S. Depository Trust Clearing Corporation’s (DTCC) transitioning a central part of its financial infrastructure onto a blockchain, the premier post-trade market infrastructure for the global financial services industry that processes trillions of dollars, many are wondering what it means for the blockchain market’s future. (more…)

Blockchain, Fintech news, Government activities, TradingTech

January 23, 2017

Why Coinbase’s Cofounder Is Moving On

By Robert Hackett for Fortune

Five years after co-founding Coinbase, one of the most well-funded Bitcoin ventures, Fred Ehrsam has decided to leave the company. (more…)

Blockchain, Cryptocurrencies, Fintech news, People of fintech

January 23, 2017

Is blockchain necessary?

By Mohan Krishnan for Finextra

There is no dearth of material to tell us what is blockchain, how it is going to transform our lives in the years to come, where it could be applied, etc and the list is endless. That it is the next big thing after all, since the invention of steam engine, the electricity and the internet itself! World Economic Forum predicts that by 2025, 10% of global GDP will be on blockchain technology.

(more…)

Analytics, Blockchain, Global trends, Marketing Report

January 23, 2017

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CFTC Chairman Calls for Agency to Support Blockchain and Fintech Innovation

By Lester Coleman for CryptoCoins news

The commissioner and acting chairman of the U.S. Commodity Futures Trading Commission (CFTC), J. Christopher Giancarlo, called on the agency to support distributed ledger technology (DLT) and fintech innovation in his keynote address before the SEFCON VI conference sponsored by the Wholesale Markets Brokers’ Association. Giancarlo said he supports the core reforms of Title VII of Dodd-Frank, the swap data reporting and central counterparty clearing and registration of swaps dealers. (more…)

Blockchain, Fintech news, Government activities

January 22, 2017

SatoshiPay Raises £640K in Funding

By FinSMEs

SatoshiPaySatoshiPay Ltd, a London, UK-based private nanopayment software and blockchain company, raised £640k in funding.

Blue Star Capital plc (AIM: BLU) made the investment. (more…)

Blockchain, Cryptocurrencies, Deals, Fintech news, Mobile payments/banking

January 21, 2017

Mercuria introduces blockchain to oil trade with ING, SocGen

By The Business Times

[DAVOS] Trading house Mercuria is working with banks ING and Societe Generale on the first large oil trade based on blockchain technology, as the tradition-bound oil industry tests out digital technology. (more…)

Blockchain, Fintech news, TradingTech

January 21, 2017

Grayscale Investments Files for $500M IPO

By FinSMEs

Grayscale Investments, LLC, a New York City-based wholly-owned subsidiary of Digital Currency Group, Inc., has filed for a $500m IPO for the Bitcoin Investment Trust. (more…)

Blockchain, Cryptocurrencies, Deals, Fintech news

January 21, 2017

U.S. Financial Regulatory Agency Explores Blockchain’s Impact On Securities Trading

By Lester Coleman for CryptoCoinsNews

The Financial Industry Regulatory Authority released a report on blockchain’s impact on the securities industry in its efforts to support financial institutions investing in the technology.

(more…)

Blockchain, Fintech news, Government activities, TradingTech

January 21, 2017

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Bank of Korea: FinTech Companies Will Reshape Financial Industry

By CryptoCoins News

Non-financial technology companies with a growing expertise in FinTech (financial technology) will play a bigger role in shaping South Korea’s financial industry, according to the country’s central bank. (more…)

Banks, Blockchain, Fintech news, Government activities, Korea

January 20, 2017

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Fintech Steemit Migrating Servers To Amazon Unveils Ambitious Blockchain Roadmap

By Roger Aitken for Forbes

Steemit, creators of the world’s fastest growing decentralized social media platform, has unveiled today what it describes as a “comprehensive roadmap” detailing improvements to its blockchain, company structure and website. (more…)

About, Blockchain, news

January 18, 2017

Blockchain could save investment banks up to US$12b a year: Accenture

By The Business Times

Blockchain technology could help the world’s largest investment banks cut their infrastructure costs by between US$8 to US$12 billion a year by 2025, according to a report by Accenture. (more…)

Banks, Blockchain, Fintech news, Marketing Report

January 18, 2017

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Malaysian Firm Belfrics Launches Bitcoin Exchange in India

By CryptoCoins News

Belfrics, which refers to itself as a Malaysian ‘blockchain technology’ firm, has announced the launch of its bitcoin exchange operations in India.

(more…)

Blockchain, Cryptocurrencies, Fintech news, India, Malaysia

January 17, 2017

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FTC’s Fintech Forum to Focus on Blockchain Technology

By CryptoCoinsNews

The implications of blockchain technology in the consumer sector will be the focus of the Federal Trade Commission’s (FTC) 2017 FinTech Forum in March. (more…)

About, AI / Machine Learning / Big Data, Blockchain, Fintech news

January 17, 2017

Swift considers blockchain test for foreign account reconciliation

By David Heun for PaymentsSource

The Society for Worldwide Financial Telecommunication is exploring the potential of distributed ledger technology for banks to provide real-time reconciliation of their databases for accounts they hold in other banks in a foreign currency.

(more…)

Banks, Blockchain, Fintech news

January 16, 2017

Qtum wants to unify Bitcoin and Ethereum blockchain applications

By  for TechNode

Qtum a Shanghai-based blockchain company, announced on Wednesday a more than 1 million USD angel round from top blockchain evangelists, academics, venture capitalists, and technology enthusiasts on Wednesday. The company claims they have the world’s first digital currency that can execute smart contracts with a proof-of-stake consensus mechanism, and are now working on a project called Qhola to circulate its currency on top of WeChat mini program. (more…)

Blockchain, China, Cryptocurrencies, Deals, Fintech news

January 14, 2017

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Innovate or die: Top tech trends in banking

By  for TheNextWeb

Whether it’s social unrest or an economic downturn, it’s easy to blame banks when things go wrong. But banks have developed and survived over the course of thousands of years – the earliest bank prototypes were in Assyria around 2000 BC – because we need them for both our commercial and individual needs. (more…)

Banks, Blockchain, Bots, Fintech news, p2p-payments

January 14, 2017

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Top 10 Fintech (Startups) in Malaysia

By

Striving to establish itself as a prominent fintech player, Malaysia has committed to provide clear guidance and regulation to the new, innovative products and business models entering the financial services industry. (more…)

About, Blockchain, Crowdfunding/investing, Fintech news, Malaysia, Mobile payments/banking, Payment processors/providers/gateways

January 14, 2017

Could Regulators perform AML in a Blockchain World?

By Hari Subramanian for Finextra

Before you say “that is a crazy idea”, stop and think. It sounded crazy to me as well but after some thinking I have concluded that it has merits. Here’s why.  (more…)

Analytics, Blockchain, Government activities, Security

January 14, 2017

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Blockchain impact timeline speeds up, massive cost savings forecast

By Finextra

Uptake of distributed ledgers will remove $110 billion in costs for the global financial services industry over the next three years, as the technology is applied to critical ‘pain points’ across seven legitimate use cases, according to an analysis by McKinsey. (more…)

Analytics, Blockchain, Fintech news, Global trends

January 13, 2017

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Fintech Trending: Blockchain Building Blocks for 2017

By David Penn for Finovate

What blockchain trends from 2016 are worth watching for follow-through in 2017? Here are five blockchain players to keep an eye on as the new year begins.

(more…)

Banks, Blockchain, Fintech news, Payment systems

January 13, 2017

Fintech Philippines Infographic

By 

Check out our newest Fintech Philippines Infographic.  Also check out separate Fintech Philippines Startup Report and our Fintech Philippines Startup List. (more…)

Analytics, Blockchain, Crowdfunding/investing, Fintech news, Mobile payments/banking, p2p/online lending, PFM/PFP services

January 13, 2017

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Deloitte to open Wall Street blockchain lab

By Finextra

Deloitte is opening a blockchain lab on New York’s financial district, in what it bills a ‘make or break’ year for the nascent technology. (more…)

Accelerators/Incubators/Labs, Banks, Blockchain, Fintech news

January 13, 2017

Blockchain Remittance Platform Enters Vietnam

By

OKLink, a next generation global settlement platform, announced today the launch of real-time transfers to Vietnam. (more…)

Blockchain, Fintech news, Remittances, Vietnam

January 13, 2017

Australia: One of the Fastest Growing FinTech Markets and a Gateway to South Asia

By Elena Mesropyan for LTP

The most recent estimates suggest that the Australian FinTech industry generated $180.2 million in 2015. By 2020, the Australian FinTech revenue is projected to grow at a CAGR of 76.3% and exceed $2.92 billion, driven by reduced taxes on investments in startups, a steady increase in mobile payments and the rise of tech-savvy digital natives. (more…)

Blockchain, Fintech news, Government activities, Marketing Report

January 12, 2017

Rakuten moves into European banking market

By Finextra

Japanese e-commerce conglomerate and prominent fintech investor Rakuten is to launch a commercial banking operation in Europe from its Luxembourg headquarters. (more…)

Blockchain, Deals, Fintech news, Japan, Payment processors/providers/gateways

January 12, 2017

Retail Bank Partners IBM for First Case of Blockchain Deployment in China

By Samburaj Das for CryptocoinsNews

The Postal Savings Bank of China (PSBC) has announced the launch of its blockchain-based asset custody system, in partnership with IBM, today. IBM claims this to be the first case of blockchain technology to asset custody in China. (more…)

Banks, Blockchain, China, Fintech news

January 11, 2017

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Blockchain, cognitive computing and cloud to shape future of finance

By The Business Times

Blockchain, cognitive computing and cloud are some of the technologies that will shape the finance industry the most in the digital age, banking and technology chief executives told a financial conference on Monday. (more…)

Blockchain, Cryptocurrencies, Fintech news, Global trends

January 10, 2017

Southeast Asia gets its first Bitcoin startup incubator

By Sainul Abudheen K for e27

At the beginning of the three-month programme, each startup will receive US$50,000 in funding in return for 8 to 15 per cent equity from Satoshi Studios. (more…)

Accelerators/Incubators/Labs, Blockchain, Cryptocurrencies, InspirAsia

January 9, 2017

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The future is a decentralized internet

By  for TechCrunch

Blockchain technology is quickly expanding beyond bitcoin. While many proponents of bitcoin see the blockchain as no more than competition for existing payment methods or gold, I believe blockchain technology is the harbinger of things the world has never before seen. (more…)

Analytics, Blockchain, Fintech news

January 9, 2017

A police officer stands guard in front of the Reserve Bank of India (RBI) head office in Mumbai April 17, 2012. The Reserve Bank of India cut interest rates on Tuesday for the first time in three years by an unexpectedly sharp 50 basis points to give a boost to flagging economic growth but warned that there is limited scope for further rate cuts. REUTERS/Vivek Prakash (INDIA - Tags: BUSINESS)

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Indian Central Bank’s Research Arm Explores Blockchain Applications

By Lester Coleman for CryptocoinsNews

Financial institutions worldwide are exploring the benefits promised by blockchain technology. The research is moving beyond the hypothetical stage to proof of concept and planning. (more…)

Blockchain, Fintech news, Government activities, India

January 8, 2017