R3RSS

R3 turns its back on blockchain?

R3 logo

Is the R3 consortium going to wave goodbye to $53 million in research and abandon blockchain? In a presentation on its Corda platform, R3 says it doesn’t need “block chain”. (No space is usually used, but I don’t want to be too much of a grammar Nazi.) Credit for this spot must go to Twitter […]

Top fintech stories this week – 13 January 2017

Banking Tech 2

Catch up on Banking Technology’s top five fintech stories of the week – all in one place!

DTCC selects IBM, Axoni and R3 to develop blockchain for derivatives

DTCC70

The Depository Trust & Clearing Corporation (DTCC) has chosen IBM, in partnership with Axoni and R3, to provide a blockchain/distributed ledger technology (DLT) framework to drive improvements in derivatives post-trade lifecycle events. The firms will work on DTCC’s Trade Information Warehouse (TIW), building a derivatives distributed ledger solution for post-trade processing. The TIW service currently […]

Top stories this week – 2 December 2016

Banking Tech 2

Catch up on Banking Technology’s top five fintech stories of the week – all in one place!

Calypso deploys collateral management system at AIMco; partners with R3 for blockchain post trade system

Calypso joins the blockchain rush

Treasury and capital markets (TCM) vendor Calypso has implemented its collateral management system at Alberta Investment Management Corporation (AIMco). It has also joined forces with the R3 blockchain consortium to build TCM applications on R3’s Corda distributed ledger technology platform.

More banks to opt out of R3 blockchain consortium

Should I stay or should I go

US Bancorp, Macquarie and JP Morgan are understood to be in the “leave” camp as they have opted out of the upcoming fundraising effort of the R3 blockchain consortium.

Top fintech stories this week – 25 November 2016

Banking Tech 2

Catch up on Banking Technology’s top five fintech stories of the week – all in one place!

Morgan Stanley and National Australia Bank to leave R3?

Going separate ways

Morgan Stanley and National Australia Bank (NAB) are understood not to be renewing their membership with the R3 blockchain consortium.

R3 blockchain consortium loses another member, Santander

Say hello, wave good-bye

Santander has decided to leave the R3 blockchain consortium, which it joined last December. Meanwhile, R3 has slashed its fundraising target to $150 million from the original $200 million.

Goldman Sachs leaves R3 blockchain consortium

goldman sachs

Goldman Sachs has dropped out of the R3 blockchain consortium, according to the Wall Street Journal. The bank was one of nine original members of R3, but let its membership lapse. A spokeswoman for Goldman Sachs told the Wall Street Journal that it will continue to work with blockchain. No other details were forthcoming. As […]

@banking
techno