About 20% of respondents to the Depository Trust and Clearing Corporation’s (DTCC’s) “Systemic Risk Barometer” survey this year identified “Fintech” (blockchain, AI, cloud computing) as a possible source of risk in global securities settlement in 2019. Only 15% expressed similar concern last year. Commenting on… Read More
Blythe Masters, the CEO of software engineering firm DigitalAssets, has stepped down from her leadership role in the firm due to “personal reasons.” AG Gangadhar will immediately assume the position of acting CEO. Masters has been CEO since 2015 and has an accomplished resume of experience… Read More
The World Economic Forum announced the creation of a new consortium to strengthen cybersecurity for fintech companies and data aggregators. The consortium’s founding members include global bank Citigroup, insurance company Zurich Insurance Group, fintech lender Kabbage, infotech company Hewlett Packard Enterprise (HPE), and financial infrastructure… Read More
San Francisco fintech company, Ripple, announced on Friday that six major have teamed up to launch a new blockchain network on distributed financial technology. Bank of America Merrill Lynch, Santander, UniCredit, Standard Chartered, Westpac Banking Corporation, and Royal Bank of Canada have teamed up to… Read More
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