FINANCE & BANKING

World's largest sovereign wealth fund cuts its UK property portfolio valuation by 5% post-Brexit.

R3 said its ethos is about industry-wide collaboration and partnering with complementary technology providers.

Eight big FX participants commit to new service; First Derivatives becomes investor and tech partner.

Jaxx community overwhelmingly requested integration with 7th most valuable cryptocurrency.

TUC says fares have risen more than earnings as Jeremy Corbyn calls for rail re-nationalisation.

Real dollar-to-euro trading now available on blockchain through Omni via Tether.

The group said future sales should benefit if the post-Brexit weakness in sterling continues.

According industry data, the attitude of a minority of people aged 55 and over is causing concern.

PwC's Ajit Tripathi discusses the limits of automating business logic in smart contracts.

Kenna said the exchange would eventually trade other digital currencies

Corda platform facilitates invoice financing and letter of credit transactions in trials.

The banks plus Infocomm Development Authority of Singapore proves Letter of Credit transactions can be executed on blockchain.

Raiden creator Heiko Hees said a 100K transactions per second proof of concept could happen by end of August.

Operating profits for the period amounted to €12.5m, much higher than 2015 H1's €5.2m.

It achieves community building and social interaction through rewards and a reputation system.

UK and European banks face uncertainty over what might have to be renegotiated post-Brexit.

What the papers say: The Bank of England's halving of its interest rate continues to make savers suffer.

Bank of England's decision to cut interest rates is welcome news for homeowners, but it will do little to make life easy for first-time buyers.

Many banks yet to reveal stance on standard variable rate products.

Arshak Navruzyan, founder of Startup.ML, has been applying machine learning to quantitative finance problems.

This is in stark contrast to the £2.2m profit it had reported in the same period last year.

While merchandise revenues grew 4.9% from last year, services revenue increased 43.4%.

Some 25 big names in Bitcoin have joined the RSK Federation.

Next CEO Lord Wolfson said the company could be forced to increase prices of its goods next year.

The deal integrates LexisNexis Risk Solutions AML risk management data into Elliptic's Bitcoin transaction monitoring.

Hackers have stolen some 119,756 bitcoin or about $65m in cash at current prices.

Losses due to fraud on credit and debit cards in Britain rose by 18% to £492m last year, study shows.

Labour leadership challenger will unveil major policy during speech to supporters in Milton Keynes.

Hundreds of global remittance companies forced to cease transfers while Western Union, MoneyGram and Ria continue.