SETLRSS

Fintech funding round-up: 8 December 2016

Here comes the money wave!

Fintech funding stories can be fun if they are brief. Featuring MoneyLion, SETL and Finicity.

Top fintech stories this week – 18 November 2016

Banking Tech 2

Catch up on Banking Technology’s top five fintech stories of the week – all in one place! FNZ to build new BPO centre EXCLUSIVE. For Société Générale’s private banking business Mizuho Bank gears up for new core banking system go-live Keen to modernise after large-scale system failures in 2011. Big three explore blockchain for consumer […]

Metro Bank, SETL and Deloitte explore blockchain for consumer payments

Blockchain

SETL, Deloitte and Metro Bank say they have completed “a series of firsts”. SETL provided a contactless smartcard for digitised payments (based on blockchain), Deloitte applied its Smart Identity blockchain ID system, and Metro Bank hosted a connected client account.

SETL blockchain powers Cobalt’s FX post trade

SETL

London-based blockchain firm SETL and Cobalt DL, a private peer-to-peer network, have teamed up to use SETL’s OpenCSD within the Cobalt FX post trade platform. The service is set to launch in 2017, with 15 institutional FX participants “already committed” to the service. Earlier this year, SETL unveiled the OpenCSD platform, its first commercial offering, […]

SETL launches blockchain-powered OpenCSD platform

Peter Randall believes that distributed ledger will bring big changes

SETL, the institutional payment and settlement infrastructure based on blockchain, has launched its OpenCSD platform. The blockchain-powered platform, SETL’s first commercial offering, enables any market participant to commission and run a permissioned registry service for payments, settlement and clearing of cash and other “financial instruments”. It has been benchmarked to “settle billions of transactions a […]

Distributed ledger adoption in securities will split front-to-back

Peter Randall believes that distributed ledger will bring big changes

Either the distributed ledger is the greatest revolution in financial services for a generation, or it will make little difference to anything, according to the strongly divided opinions expressed by speakers at the Mondo Visione Exchange Forum in London last week.

SETL breaks through 1 billion transactions per day on blockchain

Randall:

SETL, the institutional payment and settlement infrastructure based on blockchain technology, claims to have which has broken the 1 billion transactions-per-day capacity barrier for blockchain movements in a test network.

Blockchain-based SETL plans to revolutionise payment and settlement

Randall:

A new venture plans to create a multi-asset, multi-currency institutional payment and settlements infrastructure based on blockchain technology. Called SETL, the venture is backed by Peter Randall, former chief executive at Chi-X, the multilateral trading facility that is now part of BATS, and Anthony Culligan, founder of peer-to-peer bitcoin trading site Roolo.

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