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FICCI Report Explores Promises and Challenges of FinTech in India
The Federation of Indian Chambers of Commerce and Industry (FICCI) published a new report in January called “Leveraging the FinTech Opportunities in India” to highlight a number of topics, including digital payments, digital banking, blockchain, and online lending, to name a few.
- Categories
- Technology
- Region
- South Asia
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Healthcare organizations to set pace for blockchain adoption in 2017 – IBM Institute for Business Value
In a new survey, IBM Institute for Business Value has found that healthcare organizations are moving fast in the sphere of blockchain adoption, seemingly faster than the financial industry.
- Categories
- Health Care
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Stellar Partners ICICI Bank, Enables Blockchain Money Transfers in India, Africa and Philippines
Stellar, the open blockchain platform and non-profit payment protocol has unveiled a slew of new partners including, notably, India’s largest private bank by consolidated assets ICICI, to bring low-cost, near instantaneous remittance solutions in India, the Philippines, Africa and Europe.
- Categories
- Technology
- Tags
- blockchain, fintech, remittances
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Chemonics and BanQu Partner to Test Blockchain’s Potential to Eliminate Poverty and Improve Aid Effectiveness
On October 17, 2016, international development consulting firm Chemonics and technology company BanQu established the Blockchain for Development Solutions Lab. The lab represents the first concerted effort by a development company to build, test, and scale blockchain solutions to reduce poverty and increase aid effectiveness.
- Categories
- Technology
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Financial Innovation Startup and 12 Global Banks Test Blockchain Based Cross-Border Payment System
U.S.-based financial innovation start-up R3, along with 12 global banks, have completed the test of a cross-border payment system powered by blockchain technology and developed by financial technology company Ripple.
- Categories
- Technology
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US Fed Explores Blockchain Use Cases With Industry Participants
The Federal Reserve has established a working group that is exploring financial innovation across the broad range of its responsibilities and engaging with industry stakeholders to discuss the ways in which the payment system could be improved considering the new wave of innovation including distributed ledger technology.
- Categories
- Technology
- Tags
- blockchain, fintech
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Africa in World’s First Blockchain Bank Transaction
Africa was at the forefront of a major technology landmark this week as Barclays Africa and its UK parent company Barclays plc completed the world’s first trade finance transaction using blockchain technology.
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- Technology
- Region
- Sub-Saharan Africa
- Tags
- blockchain, fintech
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Weekly Roundup: Foundation Under Fire, Hartigan Remembered and Blockchain Unchained
NB's editors pay their respects to social entrepreneurship pioneer Pamela Hartigan, ponder the future of the Clinton Foundation, discuss blockchain technology's march toward the development sector mainstream, opine on Michael Bloomberg's new role with the World Health Organization, and wonder why, if everyone's talking about "rigorous research," no one is using it?
- Categories
- Health Care, Technology
- Tags
- blockchain, research
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