BBVA services stretch across Latin American countries, where investors have extensive interest in all kinds of digital assets, as well as in Europe and Turkey. The company noted in its official announcement that it plans to continue the expansion of its portfolio of digital assets in the coming months. The new BBVA service is currently…
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Leveraging distributed ledger technology and cloud services, BBVA and BBVA Bancomer are piloting an FX matching application developed by Calypso Technology, a provider of cloud-based cross-asset trading software solutions for the financial markets, and enterprise software firm R3. The application, which runs on R3’s Corda platform and is facilitated by Calypso’s cloud services, has already…
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Financial innovation company R3 and ten of its consortium member banks have successfully developed a proof-of-concept for a Know Your Customer (KYC) registry that addresses the challenges associated with satisfying regulatory requirements and allows identities to be managed by their owners. BBVA, CIBC, ING, Intesa Sanpaolo, Natixis, Nordea, Northern Trust, Société Générale, UBS and US…
Read moreThe trial marked an unprecedented scale of institutional collaboration between the financial and technology communities exploring how distributed ledgers can be applied to global financial markets. Just released is a major blockchain announcement from financial technology innovation company R3 CEV. In short, they connected 40 banks to five different blockchains and allowed them to facilitate…
Read moreConsortium to develop new technology for global financial markets now comprises 25 banks.
Read moreFinancial innovation firm R3 to spearhead crypto technology solutions for the multi-trillion dollar financial services sector
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