CB Insights

NOVEMBER 5, 2020

Distributed ledger technology (DLT) — which uses tech like blockchain to verify transactions without the need for a centralized authority — is gaining traction as a way to revamp capital markets infrastructure by making it more streamlined, improving transparency, and reducing associated fees. But financial incumbents are also making waves.

Capital 98

Capital blockchain Marketing Security 98

PYMNTS

OCTOBER 12, 2018

The startup taps into blockchain technology to help banks exchange credit data, CNBC reported. In fact, PwC gives a sense of just how prevalent this is becoming, writing in its Global Blockchain Survey 2018 that responses from 600 executives across 15 territories indicate an enthusiastic embrace of distributed ledger technology (DLT).

blockchain 148

blockchain Survey Taxes cryptocurrency 148

PYMNTS

OCTOBER 26, 2016

The “Fabric Of Our Lives” found itself softly in the hands of blockchain this week. Eighty-eight bales of cotton became part of, arguably, one of the biggest breakthroughs in blockchain this month, all through the first global trade shipment and transaction between independent banks depending on blockchain as a ledger.

Illinois 100

Illinois blockchain Technology Innovation 100

Chris Skinner

NOVEMBER 23, 2016

The consortium started on September 15, 2015 with 9 financial companies: Barclays, BBVA, Commonwealth Bank of Australia, … The post R3 in bumpy waters appeared first on Chris Skinner's blog. Santander and Goldman Sachs leave and the Monetary Authority of Singapore, a regulator, join. Interesting.

Training 150

Training Regulation Technology Company 150

PYMNTS

DECEMBER 17, 2019

With a repeat investment in TradeWindow, Commonwealth Bank of Australia-owned ASB Bank participated in a NZ$2.67 million) seed funding round for the blockchain company. TradeWindow seeks to commercially rollout its trade finance platform, which is based on the blockchain, with its new capital. million ($1.76

blockchain 101

blockchain Customer Experience Capital Security 101

PYMNTS

FEBRUARY 6, 2020

Open Banking frameworks continue to proliferate throughout the world. The Australian Competition and Consumer Commission (ACCC) has now formally released the Consumer Data Right (CDR) rules that will set the stage for Open Banking in the country, which will take effect on July 1 of this year. Commonwealth Bank Unifies SMB Apps.

Data 183

Data Payments social media Fintech 183

PYMNTS

FEBRUARY 28, 2019

Australian digital identity management technology firm Identitii is joining a group of the nation’s largest banks to boost efficiency of digitizing data exchange for its financial institution customers. The tool deploys blockchain technology to enhance the movement of information via banks’ existing infrastructures.

Groups 109

Groups Innovation Fintech Industry 109

The Paypers

AUGUST 13, 2018

(The Paypers) The World Bank has chosen the Commonwealth Bank of Australia to help organize a new Ethereum blockchain bond denominated in Australian dollars.

blockchain 28

blockchain 28

PYMNTS

SEPTEMBER 26, 2016

The newspaper cited Ripple’s use of blockchain technology and the ability of two small banks, one in Canada and one in Germany, to complete cross-border online transactions in record time as an example of the latest banking innovations. While most international bank transfers take days to complete, this took just 20 seconds.

Regulation 100

Regulation Fintech blockchain Mobile 100

CB Insights

MAY 15, 2019

With recent advances in blockchain, cryptocurrency, contactless payments, and more, finance is primed for disruption. DBS Bank — DBS Asia X (DAX). Notable projects: DAX teamed up with POSB, part of DBS Group and the oldest local bank in Singapore, to help co-create the POSB Smart Buddy. Get the entire 43-page PDF.

Innovation 78

Innovation blockchain Technology Groups 78