The decision follows two years of testing and is among’s the first attempts to use blockchain to clear a major asset class.
The consortium, called ALGO, will enable Islamic member banks to create fintech solutions in a cost-effective and fast manner.
AI is making a big splash in CFO offices. Where will its promise of efficiency have the greatest impact?
The post-Sibos consensus is that collaborating as partners yields better results in developing technology than battling as competitors.
SunTech founder & CEO, Nandakumar K, spoke with Global Finance editor Andrea Fiano regarding the firm's new open banking products and how Suntec is enabling banks to get a 360 degree view of their customer's needs.
CME’s bitcoin futures will be based on a “Bitcoin Reference Rate,” which the company describes as “a once-a-day reference rate” based on the US-dollar price of the coins.
Job-data analytics firm Burning Glass Technologies also found a 115% increase from last year in postings for blockchain developers.
ACI Worldwide's Fraud Strategy & Solutions specialist Jay Floyd spoke with Global Finance Editor Andrea Fiano on the sideline of Sibos 2017 regarding the massive rise in financial fraud across the world and how ACI is using machine learning technology to identify behavior patterns to detect and minimize fraud.
ANZ's Head of International Banking and Financial Institution, John Campbell spoke with Global Finance Editor Andrea Fiano on the sideline of Sibos 2017 regarding the need for the banking industry to come together to leverage emerging banking technologies.
Jalak Jobanputra, founding partner of Future\Perfect Ventures, an early-stage venture-capital fund, visited Global Finance to discuss the state of fintech, the future of blockchain and digital currencies, and how corporations can extract more value from such technology.
Banks and fintech companies often work on a symbiotic basis by bringing new technologies and algorithms to legacy institutions.
CFOs and corporate banking vendors are looking at end-to-end digitization and technology solutions to make payments more efficient and effective.
The widely discussed technology, some say, will emerge from labs and being in the 'proof of concept' stage to to the real world, or what some refer to as “minimum viable products.
The fintech sector is heating up across sub-Saharan Africa. Foreign investors are paying close attention and providing start-ups with the capital needed to get off the ground.
The likes of Burger King in Russia have issued Whoppercoin, a cryptocurrency that enables customers to buy a signature Whopper burger.
Initial Coin Offering (ICO) that raise funds using digital currencies have come under regulatory fire in recent times.
Northern Trust's Peter Cherecwich fields our questions about how data is impacting the custody business.
For the 200,000-plus victims of the WannaCry ransomware attack, a short period of blame was replaced by awareness of the reality that complacency creates vulnerability.