The Voltron initiative has launched the open platform for documentary trade, targeting production on R3’s Corda Enterprise blockchain platform in 2019. Founding members of Voltron include Bangkok Bank, BNP Paribas, CTBC Holding, HSBC, ING, NatWest, SEB and Standard Chartered.Voltron’s initial aim is to use blockchain technology to bring significant efficiencies to transacting letters of credit.
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SYDNEY: SIX – which owns and operates Switzerland’s CSD – has been recognised by the financial services industry as the best provider of international CSD services for the fourth consecutive year, in a recent industry benchmark survey. It is also the third year in a row that the organisation outperformed its competitors for CSD services in Switzerland.
After receiving an unprecedented number of nominations from across the insurance industry, the finalists of the Insurance Innovation Awards 2018 have been revealed, Insurance Nexus have announced.
Banking Transactions Shifted Channels, but Relationships Didn’t
Brand loyalty: a thing of the past
Banks need to continually innovate in order to stay relevant to their customers. Brand loyalty is becoming less common among customers across the globe, and the emergence of nimble and flexible challenger offerings are having an impact on the ability for traditional banks to stay relevant.
Saxo Bank, the online trading and multi-asset specialist, has today announced that it will begin to offer CFD Options on a range of option roots, covering puts and calls on 15 of the world’s largest stock indices.
CFD Options are OTC instruments based on Exchange Traded Index Options. They can help diversify a portfolio, as not only do they enable clients to take a position, they can be used for portfolio hedging purposes too.
Virtusa Corporation (NASDAQ GS:VRTU), a global provider of digital strategy, digital engineering, and IT outsourcing services that accelerates business outcomes for its clients, and Moxtra, a leader in providing private, secure collaboration software services that help its clients fast-track high-value financial transactions, announced that they have entered in to a collaboration to develop and deploy solutions that would give financial services firms the ability to redefine their client engagement models.
B-Hive joins another great initiative – the Power 50, an accelerator program of 10 influencers and 40 fintech start-ups. The program connects fintech start-ups around the world with the real innovators of the industry while taking into consideration the needs of each start-up. As a renowned partner, B-Hive will actively promote the members to a global audience by helping to organize networking and event opportunities to the community.
Avoka, the leader in digital customer acquisition journeys in banking, today
450+ fund and asset managers from around the globe at the 4th International Funds Summit