Finance news - UK & global economic news

Finance

Big bank de-risking trend poses serious threat to UK fintech companies

Tony Craddock of the Emerging Payments Association discusses shortage of transaction banking services for fintechs and non-bank payments companies.

Oct 21, 2016

By Ian Allison

Barclays HSBC

R3 trials cross-border payments with Ripple's XRP

R3 said liquidity efficiencies and nostro consolidations can save banks up to 60% in payment processing costs with Ripple.

Oct 20, 2016

By Ian Allison

Bitcoin

SEGRO says there is a strong demand for high quality warehouse assets despite the Brexit vote

SEGRO sees strong demand for high quality warehouse assets

SEGRO said its business saw continued strength over the third quarter.

Oct 20, 2016

By Kedar Grandhi

Slock.it and innogy SE win 2016 German Mobility Award for P2P vehicle sharing project

The German Mobility Award is an exclusive, national recognition awarded to only ten projects out of 450 applications.

Oct 20, 2016

By Ian Allison

Bitcoin Ethereum

John McAfee set to keynote London tech conference to preach merits of blockchain

McAfee has long been a supporter of virtual currency – if not always Bitcoin

Oct 19, 2016

By Jason Murdock

London Bitcoin

Dyre malware reborn as TrickBot now targeting Australian banks

Fintech lenders to challenge UK banks' business using securitisation

Moody's says Fintech consumer lenders would step up tussle with banks, but the latter will remain competitive.

Oct 19, 2016

By Gaurav Sharma

RBS chairman warns that major banks plan to shift from London to the eurozone

Brexit will drive bankers out and hurt the central London property market by reducing demand.

Oct 19, 2016

By Shane Croucher

Brexit London

Blockchain and smart contracts firm Symbiont releases enterprise-ready ledger

Assembly was created as a standalone system with a simple API, rather than a feature of a larger software monolith.

Oct 18, 2016

By Ian Allison

UK housing market banishes post-Brexit blues

Estate agents and property listing sites are set to benefit from the recovery of house prices after the EU referendum in June.

Oct 18, 2016

By Edmund Shing

Brexit

Axoni delivers blockchain equity swaps with Barclays, Citi, Credit Suisse and JP Morgan

The smart contracts for equity swaps project also featured Thomson Reuters, IHS Markit and Capco.

Oct 18, 2016

By Ian Allison

Bitcoin Barclays

Blockchain real estate platform Ubitquity partners with Priority Title & Escrow

Ubitquity simplifies the process of tracking and recording property to enable a long-term chain of custody of title.

Oct 18, 2016

By Ian Allison

Bitcoin

Night of the Living DAO: Token sale breathes life into Ethereum Classic

The appetite for token sales certainly isn't waning, but not everyone is enthusiastic.

Oct 17, 2016

By Ian Allison

Ethereum

NXT's Ardor token distribution uses 'snapshot' of existing value in the network

Bas Wisselink and Dave Pearce of NXT Foundation protected value in the network rather than diluting it with an ICO.

Oct 17, 2016

By Ian Allison

Bitcoin

Blockchain-based IoT project does drone deliveries using Ethereum

San Francisco-based Chronicled used Ethereum to authenticate drone package delivery system.

Oct 14, 2016

By Ian Allison

Ethereum Bitcoin

Over 8 million Bitcoin wallets left inaccessible as Blockchain.info hit with DNS hijack

Blockchain.info powers up to 100,000 Bitcoin transactions every day.

Oct 13, 2016

By Jason Murdock

Bitcoin

Unilever sales decline in third quarter amid negative currency impact

The report of the decline comes amid Tesco removing many Unilever brands from their website.

Oct 13, 2016

By Kedar Grandhi

Rhode Island courts UK investment unworried by shape of post-Brexit US-UK negotiations

Brexit won't impact relationships with UK businesses, or dampen bid to enhance cooperation with British Investors, says Rhode Island commerce secretary.

Oct 13, 2016

By Gaurav Sharma

Juan Benet of IPFS talks about Filecoin

IPFS is ready to add a blockchain-based currency layer called Filecoin to incentivise data storage on the network.

Oct 13, 2016

By Ian Allison

Bitcoin Ethereum

BitShares Munich chief fixes cryptocurrency volatility with smart contracts

Idea behind Smartcoins developed by Daniel Larimer, co-founder of Bitshares and Steem blockchains.

Oct 13, 2016

By Brandon Kostinuk

Bitcoin

Deloitte likes blockchain for loyalty rewards programmes

The report is one in a series on blockchain use cases produced by Deloitte Center for Financial Services.

Oct 13, 2016

By Ian Allison

Bitcoin

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