Boerse Stuttgart says it has tested the settlement of exchange transactions with blockchain-based securities against central bank money - finding that using the technology can reduce settlement times from days to minutes.
ANZ is the latest bank to join the Monetary Authority of Singapore's multi-year Project Guardian initiative to explore asset tokenisation applications.
The UK will push ahead with the move to a T+1 settlement cycle for securities trades by the end of 2027, regardless of whether the European Union makes the switch at the same time.
French software house NeoXam has acquired EZOPS, a provider of AI-enabled data control, workflow automation, reconciliation, and regulatory reporting technology.
Finextra this week released new research investigating how institutions globally are tackling the mounting issue of trade-based financial crime (TBFC).
French software house NeoXam has announced plans to acquire EZOPS, a provider of AI-enabled data control, workflow automation, reconciliation, and regulatory reporting technology.