Nasdaq and Citi are partnering to utilize blockchain technology to expand and improve cross-border and private company securities payments. Source: Nasdaq, Citi using blockchain for securities payments | American Banker
A dozen years after it pioneered the technology, the company now says any bank or credit union using RDC is infringing on its innovation. Source: USAA wants banks to pay it for remote deposit capture | American Banker Isn’t this the same way drug dealers get their clients hooked?
The creators of a top “altcoin” are building privacy features for JPMorgan’s blockchain platform. Source: Worlds collide: JPM works with team behind anonymous crypto Zcash | American Banker This is a well written and well-cited article. If you study the article and make use of all the hyperlinks, you will have learned a lot.
The nation’s largest pension plan has 380 people overseeing $320 billion in assets. But when one of its top officials was asked during a board meeting how much in performance fees was paid to private-equity managers, he had to acknowledge no one knew. Source: Only Robots Can Tally What the Largest U.S. Pension Fund Pays…
DESCRIPTION_HERE Source: CFTC Launches LabCFTC as Major FinTech Initiative
Merlon Intelligence, a startup launching Wednesday, plans to offer banks AI software that will help them with their expensive compliance responsibilities. Source: Regtech startup’s mission: Find real terrorists, avoid false alarms | American Banker My former colleague, Konrad Alt, that handsome fellow on the left, is one of the smartest people I know. Probably tied…
Why DTCC thinks cloud computing will transform the IT profile of the industry. Source: Transforming The Industry’s IT Profile | DTCC From Where We Stand There is a video interview with DTCC Chief Information Officer Bob Garrison.