CGI Launches Blockchain Lab for Trade Finance
CGI has launched a #blockchain #trade #finance and supply chain laboratory to explore applications of blockchain #technology.
CGI has launched a #blockchain #trade #finance and supply chain laboratory to explore applications of blockchain #technology.
Image source # 6 on our #Fintech Predictions for 2016: The strange #inversion we saw in 2015, when private companies were valued higher (on paper at least) than public companies, will end in 2016. The headlines will refer to Unicorpses. This is happening now. It is happening in private unlessRead More
Bank Innovation
#Swiss National Bank president Thomas Jordan says the #central bank is in discussions with regulators and other central #banks about #blockchain.
The US Securities and Exchange Commission is set to #discuss #blockchain at an upcoming public forum.
It’s been a brutal year for the #alternative #lending industry. Scandals, staff cuts, rate hikes, and recently a Lending Club investment posted its first negative return in five years this August. But the alternative lender #Elevate, a subprime specialist, is continuing to advance toward its IPO, and recently celebrated the hiring ofRead More
Bank Innovation
#Bank of #America and #Microsoft have announced their intent to build and test #blockchain applications for #trade #finance.
CLS is working with IBM to build a #blockchain platform for payments netting.
#BigchainDB has raised $ 3m to help turn tradition databases into blockchains.
A #syndicated loan exchange trial utilizing #blockchain being undertaken by a group of #banks alongside #startups R3 and Symbiont is moving ahead.
Consumer #card transactions will overtake cash transactions for the first time in 2016, according to global research firm Euromonitor International. Cash is expensive to manage and is extensively used in the underworld. “A less-cash society would be a fairer and safer place,” Kenneth Rogoff, a professor of economics at Harvard, wroteRead More
Bank Innovation
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