Coincover launches Protected Co-Signing for ultimate transaction protection

Coincover, a blockchain protection company, has launched its Protected co-signing product to further reduce the risk in digital asset transactions.  

The new service adds an additional layer of protection onto the existing co-signing model within digital asset custody. While the emergence of multi-sig wallets allowed different parties to share custody and reduce risk of loss from disaster scenarios, the addition of Coincover’s proprietary technology into the co-signing model...

Kyriba unveils ‘first of its kind’ innovation with Onyx by J.P. Morgan

 Kyriba, a specialist in liquidity performance, announced what it describes as a "first of its kind innovation" with Onyx, J.P. Morgan’s blockchain business unit, to improve cash management, payments and liquidity performance for CFOs and Treasurers.

Furthermore, a new partnership with Workday, Inc. will fully embed bank reporting and bank payment connectivity for Workday Financial Management to help Workday customers achieve greater banking agility.

Ara Gopal,...

Archblock launches new fiat-backed stablecoin

Archblock Stablecoins has launched 1USD, a new fiat-backed stablecoin anchored to the US Dollar.

The company said the stablecoin stands as a testament to its own technology, which it claimed is revolutionising the exchange medium, offering frictionless and secure transactions across borders and empowering seamless global commerce. Renaissance Ambition AG, a subsidiary of Archblock, is the issuer of 1USD and the stablecoin will initially be available on Ethereum...

Apex Group harnesses blockchain to open up access to global private market funds 

A collection of Sterling notes.

Apex Group has become the first transfer agent and fund service provider to administer regulated securities, using blockchain as the book of record.

This ground-breaking approach enables global private market funds to access a more diverse and significantly larger pool of qualified investors. 

In partnership with Hamilton Lane and Sygnum Bank, Apex Group created a new digital share class of the Hamilton Lane GPA fund, and a DLT registry, to automate and integrate...

Quant makes blockchain free to all businesses with new pricing plans

Quant, a specialist in blockchain for finance, has launched new pricing plans and functionality aimed at enterprise IT users and developers tasked by their business lines with implementing blockchain technology as part of their organisation’s wider digital asset strategy.

The Overledger blockchain platform updates are designed to empower enterprise project teams, architects and developers from any sector or size to test, build and deploy on the same interoperable distributed...

Financial sector has experienced rapid growth in cryptojacking

CoinDash - ICO hack

Cybersecurity firm SonicWall has released the 2024 SonicWall Annual Cyber Threat Report, which exposes all types of cyber behaviours and trends from digital adversaries to help partners build data-driven solutions to keep customers safe.

2023 proved to be a year of volatile, adaptive and creative digital threats, as threat actors continue to be relentless in their assault, leaving organizations looking for another layer of defence. 

Organizations are increasingly...

University of Warwick receives £1.25 million to revolutionise AI and financial research

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The University of Warwick has received a £1.25 million donation to launch the FutureFinance.AI Research Group that could transform the way the world purchases, sells, rents and handles real estate over the next five years.

Based in the Gillmore Centre for Financial Technology at Warwick Business School, the new Research Group will draw interdisciplinary scholars and thinkers from across the world to redefine and innovate the financial and property technology...

More than 60% of countries were developing central bank digital currency in 2023

Central bank digital currency, or CBDC, became an increasingly trending topic in 2021 after cash payments significantly dropped and cryptocurrencies and stablecoins grabbed news headlines.

While only a handful of countries already launched their CBDCs, many governments are exploring the possibility of using digital forms of central bank money.

According to data presented by AltIndex.com, more than 60% of all countries, or 130 of them, worked on developing their central...

Citi develops blockchain FX solution as part of Singapore’s Project Guardian

Investment bank and financial services company, Citi, has developed an innovative application that uses blockchain infrastructure to price and execute bilateral spot foreign-exchange (FX) trades. 

The application is a part of Project Guardian, a collaborative initiative by the Monetary Authority of Singapore (MAS) and the financial industry. While the current phase of the application tested spot FX for USD/SGD, the underlying solution could be used for any fiat currency pair. The...

BT Group chooses Optiva for next-generation app server upgrade

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Fixed and mobile telecommunications provider, BT Group, has extended its strategic partnership with Optiva to develop and monetize new B2B, B2C and B2B2X services.

Optiva’s application server, a key component of the Optiva Charging Engine, will be upgraded to a next-generation, cloud-native, open architecture service creation platform. It will include Optiva’s Open API framework, enabling integration with new cutting-edge technology partners, including blockchain and...