The UK Financial Conduct Authority (FCA) has announced the names of the firms that have been selected for the fifth cohort of its fintech regulatory sandbox. According to the announcement, the regulator received 99...

The Italian Banking Association (ABI) has provided an update on the progress made so far by Spunta Project, a blockchain-based application for interbank reconciliations. In December 2017, ABI Lab, in collaboration with...

The Global Financial Innovation Network (GFIN), a global fintech sandbox formed last August, is considering a number of blockchain-based tests for cross-border testing pilot. In August 2018, the UK Financial Conduct...

Blockchain startup Paxos is teaming up with Ontology to issue up to 100 million of its stablecoin, PAX token, on the Ontology blockchain, CoinDesk reported. Last September, the New York State Department of Financial...

Saudi British Bank (SABB) has announced the launch of a Ripple-powered Instant Cross-Border Transfer Service. SABB is a Saudi joint stock company that aims to provide a complete range of integrated banking products and...

British automotive giant Jaguar Land Rover has partnered with the IOTA Foundation to harness distributed ledger technologies (DLTs) and is testing software that will enable drivers to earn cryptocurrency for sharing...

Sportswear giant Nike has filed a trademark application for CryptoKicks with the U.S. Patent and Trademark Office on April 19. Nike seems to be the latest mainstream company to jump on the crypto and blockchain...

Automotive giant Volkswagen has entered into a partnership with tech firm Minespider for the provenance of raw materials using blockchain technology. In a press release dated April 23, Volkswagen announced a pilot...

Financial software provider FIS is teaming up with Visa to enable its commercial financial institution clients to quickly and securely access the blockchain-based platform Visa B2B Connect. First previewed in October...

Insurance broker Marsh has announced that it will start rolling out its Proof of Insurance Blockchain platform to US commercial clients. In April 2018, Marsh, in collaboration with IBM, ACORD, and ISN, announced the...

The Financial Industry Regulatory Authority (FINRA) has set up an Office of Financial Innovation that will serve as a central point of coordination for issues related to significant financial innovations by member...

Japanese banking giant Sumitomo Mitsui Banking Corporation (SMBC) will roll out blockchain-based trade finance services in the latter half of 2019, CoinDesk reported. Speaking at a recent fintech seminar in Tokyo, SMBCs...

The State of Administration of Foreign Exchange (SAFE), Chinas foreign exchange reserve regulator, has developed a blockchain-based cross-border trade finance platform, local news outlet CNStock reported. Per the...

NTT Communications Thailand, the Thai subsidiary of telecoms giant NTT, is going to launch an innovation lab to facilitate the development and testing of advanced technologies including blockchain, internet of things...