China Leads Global Fintech Investments

Accenture FindsAsia-Pacific nearly doubles 2015 fintech financing in first half of 2016 reaching almost $10 billion; growth driven by China Investments in Asia-Pacific financial technology (fintech) ventures, primarily in China, reached $9.62 billion as of July 31, more than twice the $4.26 billion invested in the region in all of 2015, according to Accenture (NYSE:ACN)…

Cambridge Blockchain Raises $2 Million

Cambridge Blockchain Raises $2 Million for Digital Identity Enterprise Software; Investors Include Partech Ventures and Digital Currency Group Cambridge Blockchain, LLC announced the closing of a $2 million convertible note today, with participation from leading technology investors Partech Ventures and Digital Currency Group. The funds will be used to accelerate deployments of Cambridge Blockchain’s digital…

DTCC & Digital Asset Move to Next Phase

DTCC & Digital Asset Move to Next Phase After Successful Proof-Of-Concept for Repo Transactions Using Distributed Ledger Technology New Stakeholder Working Group will lead work to gather service requirements for Phase Two in $3 trillion per day market The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services…

2016 Fintech Innovation Lab participant AlphaPoint

2016 Fintech Innovation Lab participant AlphaPoint has completed a proof of technology trial with Canada’s Scotiabank Blockchain services firm AlphaPoint has completed a proof-of-technology trial of its blockchain platform for Canada’s Scotiabank. The AlphaPoint Distributed Ledger Platform (ADLP), which was deployed over a multi-month project, allows for the digitizing of assets, creation of trade venues,…