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FinFabrik and Chekk sign MOU to live and breathe KYC into digital assets investment
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FinFabrik and Chekk sign MOU to live and breathe KYC into digital assets investment

FinFabrik is pleased to announce that it signed a Memorandum of Understanding (MOU) with Chekk to integrate Chekk’s KYC capabilities to its market infrastructure “CrossPool”, enabling financial institutions in private markets to grow new digital asset businesses powered by distributed technology.

Crypto & the FATF: ING Develops Travel Rule Protocol for Tracking Crypto Transfers Ahead of FATF Plenary Meeting
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Crypto & the FATF: ING Develops Travel Rule Protocol for Tracking Crypto Transfers Ahead of FATF Plenary Meeting

The FATF has a wide range of recommendations, a total of 40 to ensure regulatory alignment between the compliance imposed on financial institutions and the regulations in its member states. The FATF Travel Rule is Recommendation 16, which has received a lot of attention from the crypto industry, especially virtual asset service providers (VASPs).

DBS Bank To Launch Its Crypto Exchange for Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Bitcoin Cash (BCH)
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DBS Bank To Launch Its Crypto Exchange for Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Bitcoin Cash (BCH)

Singaporean multinational banking and financial services firm DBS Bank Ltd. has confirmed that it will be launching its digital asset exchange next week.

Accenture Partners with R3 and SAP to Improve Settlement Systems by Using Blockchain
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Accenture Partners with R3 and SAP to Improve Settlement Systems by Using Blockchain

Consultancy firm Accenture has partnered with blockchain technology firm R3 and multinational software firm SAP to produce a prototype that uses distributed ledger technology to allow real-time gross settlements.

Hong Kong Blockchain Ecosystem Feb 2020 - New Members
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Hong Kong Blockchain Ecosystem Feb 2020 - New Members

Hong Kong Blockchain Ecosystem Feb 2020 - New Members

ING Bank-Led Security Token-Focused Project Pyctor Was Selected by UK's FCA for its Regulatory Sandbox
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ING Bank-Led Security Token-Focused Project Pyctor Was Selected by UK's FCA for its Regulatory Sandbox

Led by ING Bank, in collaboration with ABN AMRO, BNP Paribas Securities Services, Invesco US, Société Générale – Forge, State Street, and others have launched a digital asset project — Pcytor.

Beyond Startups—Championing for an Ecosystem to Drive Blockchain Forward
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Beyond Startups—Championing for an Ecosystem to Drive Blockchain Forward

Tribe Accelerator is Singapore’s first government-backed blockchain accelerator, on a mission to bridge the gap between blockchain startups and the traditional world. Yi Ming Ng, the Managing Director at Tribe Accelerator, believes that blockchain is beneficial to a lot of businesses from different industries. However, there has been a lot of fear and speculation around cryptocurrencies in the traditional corporate world.

R3 - Revolutionizing Trade Finance with Blockchain
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R3 - Revolutionizing Trade Finance with Blockchain

R3 leads the largest blockchain ecosystem in the world, creating initiatives using distributed ledger technology. Carl Wegner, the Managing Director and Head of Asia at R3, elaborates on the consortium’s reach with its broad ecosystem, on initiatives that are built on Corda, including, Project Voltron, Project Inthanon, Project LionRock, and Project Ubin in Asia.  

R3 and Asian Central Banks Join Forces to Unravel Central Bank Digital Currencies
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R3 and Asian Central Banks Join Forces to Unravel Central Bank Digital Currencies

Blockchain.News spoke with Carl Wegner, the Head of Asia Pacific at R3, who has been with the company for over three years, with a major focus on developing business and partnership opportunities for the consortium. Having been in the trade finance industry for over 30 years, Wegner feels that it is an incredible opportunity for blockchain to help streamline processes.   

Singapore FinTech Festival x SWITCH Highlights Day One
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Singapore FinTech Festival x SWITCH Highlights Day One

The Singapore FinTech Festival (SFF) and the Singapore Week of Innovation and TeCHnology (SWITCH) joined forces for the first time as SFF x SWITCH. The 5-day event began today, bringing together global innovation and the corporate sector, as well as interested members of the public.

Bank of America Joins Marco Polo Blockchain Network Powered by R3 Corda
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Bank of America Joins Marco Polo Blockchain Network Powered by R3 Corda

Bank of America has joined the Marco Polo Network, powered by R3 Corda’s distributed ledger technology to solve the challenges of the global trade participants.

R3's Marco Polo Network Welcomes First Indian Corporate as Asia Serves as a Key Area of Growth
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R3's Marco Polo Network Welcomes First Indian Corporate as Asia Serves as a Key Area of Growth

The Marco Polo Network announced on Thursday that India’s leading provider of digital transformation, Tech Mahindra became the first corporate in India to join the R3’s open-source blockchain-based Marco Polo Network for facilitating cross-border transactions.

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